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We extend the `rational-partisan' model of inflation to allow for the effects of unemployment persistence on the … to the failure of political parties to precommit to price stability, in the light of unemployment persistence. Elections …
Persistent link: https://www.econbiz.de/10005067418
Persistent link: https://www.econbiz.de/10004977290
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these goals through the underground economy, by evading taxes and union rules in small private enterprises, but it is …
Persistent link: https://www.econbiz.de/10005498095
distribution of illiteracy and infant mortality. Across provinces and within provinces, between rural and urban areas and within …
Persistent link: https://www.econbiz.de/10005792281
employment and unemployment. We use a model that features both frictions and an operative labor supply margin to examine the … robustness of this feature to the inclusion of a empirically reasonable labor supply channel. The response of unemployment to … to taxes. …
Persistent link: https://www.econbiz.de/10005082544
This paper systematically examines the role of fiscal policy, trade and energy taxes on environmental quality in Europe … policies and energy taxes are effective in reducing the concentration of certain pollutants through different mechanisms. We … of ozone, perhaps the most difficult to control pollutant. Finally, energy taxes appear to have an important effect in …
Persistent link: https://www.econbiz.de/10009278172
The high labor supply elasticity in an indivisible-labor model with employment lotteries emerges also without lotteries when individuals must instead choose career lengths. The more elastic are earnings to accumulated working time, the longer is a worker's career. Negative (positive)...
Persistent link: https://www.econbiz.de/10008468641
The paper presents evidence of an upward ratchet in transfers and taxes in the U.S. around World-War II. This finding …
Persistent link: https://www.econbiz.de/10008477176
This paper evaluates the effect of excise taxes and bans on smoking in public places on the exposure to tobacco smoke … reach two important conclusions. First, excise taxes have a significant effect on passive smoking. Second, smoking bans have …
Persistent link: https://www.econbiz.de/10004971359