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Subsidizing Extra Jobs : Promoting Employment by Taming the Unions
Knabe, Andreas; Schöb, Ronnie - 2021
their workforce when trade unions raise wages. This tames the unions, which causes wage moderation and raises aggregate …
Persistent link: https://www.econbiz.de/10013316797
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The Impact of Trade on Employment, Welfare, and Income Distribution in Unionized General Oligopolistic Equilibrium
Egger, Hartmut - 2010
impact of trade liberalization on employment, welfare, and the distribution of income. In particular, we show that a movement … from autarky to free trade with a symmetric partner country lowers union wage claims and therefore stimulates employment … firm owners remains unaffected, while the distribution of wage income becomes more equal when a country opens up to trade …
Persistent link: https://www.econbiz.de/10013149008
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Native Welfare Losses from High Skilled Immigration
Kemnitz, Alexander - 2008
This paper explores the effects of high skilled immigration to a host country with unionized low skilled labor and an unemployment insurance scheme. We show that such immigration can create a negative immigration surplus due to adverse effects on low skilled employment, provided that fiscal...
Persistent link: https://www.econbiz.de/10012770182
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Minimum Wage, Trade and Unemployment in General Equilibrium
Marjit, Sugata - 2020
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age-old conventional wisdom on its head. This paper demonstrates that this apparently paradoxical result is perfectly plausible in a competitive general equilibrium production...
Persistent link: https://www.econbiz.de/10012835193
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Integrated Reforms of Indirect Taxes in the Presence of Pollution
Michael, Michael S. - 2013
The literature on indirect tax reforms in pollution-ridden economies is quite limited. This paper, using a model of a small open economy with production and consumption generated pollution, considers the welfare implications of tax reforms within an integrated structure of consumption and...
Persistent link: https://www.econbiz.de/10012753616
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The Employment Effects of Low-Wage Subsidies
Huttunen, Kristiina - 2010
Low-wage subsidies are often proposed as a solution to the unemployment problem among the low skilled. Yet the empirical evidence on the effects of low-wage subsidies is surprisingly scarce. This paper examines the employment effects of a Finnish payroll tax subsidy scheme, which is targeted at...
Persistent link: https://www.econbiz.de/10013143569
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Welfare Benefit Reforms and Employment
Aloi, Marta - 2017
We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment benefits in favour of income subsidies (social...
Persistent link: https://www.econbiz.de/10012958450
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Fertility, Female Labor Supply, and Family Policy
Fehr, Hans - 2011
The present paper develops a general equilibrium model with overlapping generations and endogenous fertility in order to analyze the interaction between public policy and household labor supply and fertility decisions. The model's benchmark equilibrium reflects the current family policy...
Persistent link: https://www.econbiz.de/10013124970
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Pension Funding and Individual Accounts in Economies with Life-Cyclers and Myopes
Fehr, Hans - 2009
The present paper studies the growth and efficiency consequences of pension funding with individual retirement accounts in a general equilibrium overlapping generations model with idiosyncratic lifespan and labor income uncertainty. We distinguish between economies with rational and hyperbolic...
Persistent link: https://www.econbiz.de/10013157654
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International Trade, Union Wage Premia, and Welfare in General Equilibrium
Kreickemeier, Udo - 2011
We study how two distinct forms of globalisation, trade cost reductions and opening up of trade in previously shielded … aggregate welfare are affected differently by the two types of globalisation. Trade cost reductions in open sectors always lead …
Persistent link: https://www.econbiz.de/10013127629