Showing 1 - 10 of 2,227
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …
Persistent link: https://www.econbiz.de/10012841731
The labor market effects of pension reform stem from retirement behavior and from job search and hours worked of prime age workers. This paper investigates the impact of four often proposed policy measures for sustainable pensions: strengthening the tax benefit link, moving from wage to price...
Persistent link: https://www.econbiz.de/10013316657
symmetric marginal employment subsidies where firms are rewarded when they increase employment but punished when they reduce … their workforce, we consider an asymmetric scheme that only rewards employment expansion. This changes the incidence … employment and welfare. For moderate subsidy rates, all unions prefer to restrain their wage claims. At sufficiently high subsidy …
Persistent link: https://www.econbiz.de/10010264237
Is tax competition good for economic growth? The paper addresses this question by means of a simple model of endogenous growth. There are many small jurisdictions in a large federation and individual governments benevolently maximise the welfare of immobile residents. Investment is costly:...
Persistent link: https://www.econbiz.de/10013316964
market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and …
Persistent link: https://www.econbiz.de/10012908608
Socio-Economic Panel we show that women respond to their partners’ unemployment with an increase in labor market … participation, which also leads to an increase in their employment probability. Our analysis considers within- and between …-effects separately, revealing differences in the relationships between women’s labor market statuses and their partners’ unemployment in …
Persistent link: https://www.econbiz.de/10012892209
preferences for public sector employment and employers. In fixed effects specifications, we demonstrate that feelings of job … insecurity, experiences with wage arrears, and spells of unemployment all increase the attractiveness of work in the public …
Persistent link: https://www.econbiz.de/10013216256
In a multi-country general equilibrium economy with mobile capital and rigid-wage unemployment, countries may differ in … conditions under which - in contrast to free trade with undistorted labor markets - welfare declines and unemployment increases …
Persistent link: https://www.econbiz.de/10010265967
Industrial activity periodically experiences breakthrough innovations in energy efficiency, but the estimated impacts of these innovations on aggregate energy use are highly varied. We develop a general equilibrium model to investigate whether this variation is determined by the structure of the...
Persistent link: https://www.econbiz.de/10012844213
This paper studies the impact of optimism on occupational choice using a general equilibrium framework. The model shows that optimism has four main qualitative effects: it leads to a misallocation of talent, drives up input prices, raises the number of entrepreneurs, and makes entrepreneurs...
Persistent link: https://www.econbiz.de/10012892272