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Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
-linear income taxation in the presence of quasi-linear preferences in leisure by allowing for in-voluntary unemployment, job search …
Persistent link: https://www.econbiz.de/10005788899
unemployment by means of internet activity data, a literature starting with the seminal article of Askitas and Zimmermann (2009a …
Persistent link: https://www.econbiz.de/10012114391
fired. Therefore a country with a high or an increasing unemployment rate has a low (reported) workplace accident rate. The … inversely related to both the level of unemployment and the change in unemployment. Furthermore, fatal accident rates do not …
Persistent link: https://www.econbiz.de/10005067555
most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are …
Persistent link: https://www.econbiz.de/10005498201
This paper investigates the border between formal employment, shadow employment, and unemployment in an equilibrium … employment is correlated with unemployment, and it is tolerated because the repression of shadow activity increases unemployment … the model. The paper suggests also that policies aimed at reducing the shadow economy are likely to increase unemployment. …
Persistent link: https://www.econbiz.de/10005666997
This Paper studies the border between shadow employment and unemployment. It argues that the two macroeconomic … the labour market trade-off implied by ‘shadow reducing policies’, it suggests that economies with low unemployment … perform original empirical work on the border between employment, unemployment and inactivity, and we find that Italian shadow …
Persistent link: https://www.econbiz.de/10005662043