Showing 1 - 10 of 278
In this paper, we use a two-stage bargaining model to analyze the living arrangement of a disabled elderly parent and the assistance provided to the parent by her adult children. The first stage determines the living arrangement: the parent can live in a nursing home, live alone in the...
Persistent link: https://www.econbiz.de/10010264063
Demographic change will be one of the most challenging issues for industrialized economies in the decades to come. In this paper, we focus on the impact of demographic change on labour markets. By setting up a stylized model of a regional labour market, we are able to analyze the interaction of...
Persistent link: https://www.econbiz.de/10010264373
DSGE-models have become important tools of analysis not only in academia but increasingly in the board rooms of central banks. The success of these models has much to do with the coherence of the intellectual framework it provides. The limitations of these models come from the fact that they...
Persistent link: https://www.econbiz.de/10010273776
that the payroll tax cut generates long-lasting growth in female employment, reduces the time spent on welfare, and spurs … business growth, without crowding out male employment. By contrast, the tax cut does not raise net wages, suggesting that tax … labor and tackle the gender employment gap, but they are not sufficient for reducing the gender pay gap …
Persistent link: https://www.econbiz.de/10013293026
We study the effect of childbirth on local and non-local employment dynamics for both men and women using Belgian … show that 75 percent of the effect of the birth of a first child on the overall gender gap in employment is accounted for … by gender disparities in non-local employment, with mothers being more likely to give up non-local employment compared to …
Persistent link: https://www.econbiz.de/10014082168
attachment. Exploiting variation in labor market tightness across metropolitan areas, we show that the employment of populations … the employment of less attached workers when the central bank follows an average inflation targeting rule and when the …
Persistent link: https://www.econbiz.de/10013308104
This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model … with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and …, hours worked and output without reducing employment. In frictional labor markets, however, reallocation takes time whenever …
Persistent link: https://www.econbiz.de/10014356608
The paper deals with the effects of migration resulting from EU Eastern enlargement on the welfare states of Western Europe. Although migration is good in principle, as it yields gains from trade and specialization for all countries involved, it does so only if it meets with flexible labour...
Persistent link: https://www.econbiz.de/10010261112
misconduct and search effort harm the economy less. Indeed, conditional benefits may even boost employment in an economy with … moderation and boosts employment. A final reason is that countries with large welfare states typically introduce various …
Persistent link: https://www.econbiz.de/10010261225
We characterize the equilibrium of a search model with a continuum of job and worker types, wage bargaining, free entry of vacancies and on-the-job search. The decentralized economy with monopsonistic wage setting yields too many vacancies and hence too low unemployment compared to first best....
Persistent link: https://www.econbiz.de/10010261329