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We theoretically analyse the effects of sick pay and employees' health on collective bargaining, assuming that individuals determine absence optimally. If sick pay is set by the government and not paid for by firms, it induces the trade union to lower wages. This mitigates the positive impact on...
Persistent link: https://www.econbiz.de/10011561099
shown that a fixed payment will lower wages, leave employment and welfare unaffected if there are no wage-dependent taxes … firing costs and unemployment benefits are independent of redundancy pay, employment and welfare will rise with redundancy … payments. If these payments are also a function of previous wages, positive employment effects will be mitigated. A …
Persistent link: https://www.econbiz.de/10011400802
More progressive income taxes raise employment in models of imperfectly competitive labour markets. However, this … progressive taxes reduce profits. This induces firms to exit the market such that the positive employment effect can vanish in a … opportunities raise the likelihood of positive employment effects due to higher tax progressivity. …
Persistent link: https://www.econbiz.de/10011402511