employment or the labour income tax rate leads, in contrast, to a lower wage, a higher interest rate and a higher capital stock … market goods induces a lower interest rate, a higher wage, a lower capital stock and a fall in employment. Cutting public …. Employment rises on impact. If the extra revenues of rolling back the welfare state are handed back via a lower tax rate rather …

and consumption go down as well. Governments can offset terror by putting tax revenues into the production of security …, at the level of the death toll by about the same size as due to car accidents, is expected to decrease annual consumption …

This paper investigates the implications of budgetary policies for consumption and economic growth. We present a model … a rise in government debt, financed by lump-sum taxes, increases the share of private consumption to national income and … reduces the long-run growth rate. We also show that a rise in government consumption financed by lump-sum taxes reduces both …

min-max strategy against nature. When applied to a life cycle consumption problem, one finds a rationale for precautionary … saving and a larger sensitivity of changes in consumption to income innovations. It is also shown that consumers with …

It is widely believed that the integration of European economies will have little impact on labour mobility. This does … not mean, however, that European labour markets will be unaffected by the process of economic integration. In this paper …

reductions in other sectors. The union campaign aimed to increase employment through ‘work-sharing’, and is being emulated in the …

relative to male wages, but female employment has fallen 5 percentage points more than male employment. Using the German Socio … of the hazard rate from employment. Differences in mean 1990 wages explain more than one-half of the gender gap in this … hazard rate, since low earners were more likely to leave employment, and were disproportionately female. The withdrawal from …

lower unemployment. Whether ‘work-sharing’ works – whether employment rises when hours per worker are reduced – is … standard hours, employment rose by 0.3–0.7%, but that total hours worked fell by 2–3%, implying possible output losses. As a … group, however, workers were better off as the wage bill rose. The employment growth implied by the mean standard hours …

The Fair Labour Standards Act (FLSA), impose restriction on working hours and the type of jobs held by minors at ages … wages for part-time and full-time employment that depend also on some inherent skill ‘endowment’ and labour market … the labour market (hours worked) and their known (to them) ability and motivation. The labour market (randomly) offers …

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 …