can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining … that an overall increase in risk aversion contributes to wage moderation and promotes employment. …

neutralised, for example, by imposing a constant wedge, the employment impact will depend on the nature of the unemployment …Summary In order to alleviate unemployment it is often recommended to reduce social security contributions (SSC) and to … compensate for the ensuing loss in revenues by a rise in the value-added tax (VAT). Assuming unemployment to be caused by …