Showing 1 - 10 of 10
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … reduce equilibrium unemployment of low-skilled workers both in the presence and absence of labor taxation. In the presence of … outsourcing, wage tax, tax exemption and payroll tax have an ambiguous effect on equilibrium unemployment. Increasing the degree …
Persistent link: https://www.econbiz.de/10010264385
In European Welfare States, low-skilled workers are typically unionized, while the wage formation of high-skilled workers is more competitive. To focus on this aspect, we analyze how flexible international outsourcing and labour taxation affect wage formation, employment and welfare in dual...
Persistent link: https://www.econbiz.de/10010264468
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10010265972
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogeneous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10010275003
non-OECD countries. The findings suggest that the quality of institutions matters to a large extent for economic outcomes …
Persistent link: https://www.econbiz.de/10011815814
whether policy effects vary across countries depending on the level of economic development and whether institutions have an … influence on economic outcomes. The paper lists of policies and institutions that could be used to quantify the effect of …
Persistent link: https://www.econbiz.de/10012425684
We investigate the effects of economic crises on the subsequent economic performance, economic reform, democratization and institutional change. Our analysis is based on a sample of post-communist countries, most of which experienced severe economic crises during the 1990s. We find that the...
Persistent link: https://www.econbiz.de/10010280828
Reforms often occur in waves, seemingly cascading from country to country. We argue that such reform waves may be driven by informational spillovers: uncertainty about the outcome of reform is reduced by learning from the experience of similar countries. We motivate this hypothesis with a simple...
Persistent link: https://www.econbiz.de/10010281046
institutions. For a panel of OECD countries, we find that anticompetitive product market regulations are associated with lower MFP … of product market regulations on MFP may depend on the level of labour market regulations. Better institutions, a more … in labour market regulations, barriers to trade and investment and institutions (including corruption). …
Persistent link: https://www.econbiz.de/10011657128
This paper develops a model of costly firm creation in an economy with weak institutions, costly business environment …
Persistent link: https://www.econbiz.de/10011657172