to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric …

to lower unemployment levels than predicted by the standard labour market model with heterogeneous labour and symmetric …

Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties … were also in place during the 1970s and 1980s where high and persistent unemployment was prevalent. Labour market …

services are produced both in the market and within the households. We use the model to examine how unemployment and welfare … reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower taxes on …

Conventional models of equilibrium unemployment typically imply that proportional taxes on labor earnings are neutral … with respect to unemployment as long as the tax does not affect the replacement rate provided by unemployment insurance, i ….e., unemployment benefits relative to after-tax earnings. When home production is an option, the conventional results may no longer …

educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …

two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers search for jobs … unemployment. A higher audit rate has an ambiguous impact on unemployment, and may actually increase the size of the underground …

This article examines unemployment disparities and efficiency in a densely populated economy with two job centers and … workers distributed between them. We introduce commuting costs and search-matching frictions to deal with the spatial mismatch … changes in the workforce distribution have non-negligible effects on unemployment rates, wages, and net output, but cannot be …