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We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …
Persistent link: https://www.econbiz.de/10010961633
Changing the income tax progressivity in labour markets with collective wage bargaining generates a trade-off. On the …, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …
Persistent link: https://www.econbiz.de/10008568596
Following the predominance of macroeconomic stabilisation policies and passive income support schemes in the first …
Persistent link: https://www.econbiz.de/10008531771
In labour markets with collective wage bargaining higher progressivity of the labour income tax creates a trade-off. On … the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …
Persistent link: https://www.econbiz.de/10008469766
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10005097544
. Particularly, health of the job seekers, limitations in the working ability and obstacles to employment comprising substance abuse …
Persistent link: https://www.econbiz.de/10005097660
relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
Persistent link: https://www.econbiz.de/10005097764
workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …
Persistent link: https://www.econbiz.de/10005097796
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10005097817
periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …
Persistent link: https://www.econbiz.de/10005097896