the unemployment rate and increases the employment rate. From a theoretical point of view, higher progressivity induces a … average wage, we show that a more progressive taxation reduces the unemployment rate and increases the employment rate. These … wage-moderation effect and increases overall employment since employment of low-paid workers is more responsive. We test …

Studies find that technological change has contributed to the decline in manufacturing and to persistent unemployment …

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 …

employment and unemployment. However, it can be seriously misleading to ignore the interrelated behavior of hours worked … unemployment outcomes. The hours–employment distinction is especially important in the evaluation of the performances of European ….Work hours can be altered relatively speedily and flexibly, and this strongly relates to employment, labor productivity, and …

local prices start rising. With this backdrop this paper explores how rising local prices are likely to affect employment in … employment increase are very much different between the short and the long run. We discuss such mechanisms and results in a …

unconventional employment consequences of such shocks at a general equilibrium of a multi-sector competitive economy. A labour market … unemployment of unskilled labour due to one of the import-competing sectors shutting down as it fails to cope up with the import … competition. Subsequent reforms however raises aggregate employment. Thus, we may have a J-curve like employment response to …

. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …