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of unemployment and wages or wage incomes. Participation rates and migrations are also touched upon. An expectation that … equilibrium values of relative wages and rates of unemployment after a business cycle. …
Persistent link: https://www.econbiz.de/10012142225
, sector division, unemployment and welfare. …
Persistent link: https://www.econbiz.de/10012142242
Private consumption demand falls in response to increased unemployment risk during a recession, as households increase … unemployment risk is more important than realized unemployment shocks in accounting for durable expenditure dynamics during … recessions, while the opposite is true for nondurables. The importance of anticipation of future unemployment risk also means …
Persistent link: https://www.econbiz.de/10012142400
Do firms reduce employment when their insiders (established, incumbent employees) claim higher wages? The conventional answer in the theoretical literature is that insider power has no influence on employment, provided that the newly hired employees (entrants) receive their reservation wages....
Persistent link: https://www.econbiz.de/10010332696
, unemployment and the size of the informal sector are affected by punishment policies, which has been ignored in the previous …
Persistent link: https://www.econbiz.de/10012142254
unemployment. A higher audit rate has an ambiguous impact on unemployment, and may actually increase the size of the underground …
Persistent link: https://www.econbiz.de/10012142274
While examining the macroeconomic effects of government tax and punishment policies, this paper develops a three-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers are assumed to differ in ability, and the choice of education is determined...
Persistent link: https://www.econbiz.de/10012142275
Greenland’s publications on employment and on unemployment. There are some difficulties using the available data: the employment … and unemployment surveys refer to periods whereas the potential workforce is counted at a date. Furthermore persons with …
Persistent link: https://www.econbiz.de/10012142288
. Furthermore, if the presence of skill-biased technological shocks increase unemployment, this may explain why the market it …-between subsidizing education and thereby reducing unemployment and optimizing welfare may be eliminated. We analyse this issue in a …
Persistent link: https://www.econbiz.de/10012142293
actual unemployment. …
Persistent link: https://www.econbiz.de/10012142366