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Rolling back the public sector : differential effects on employment, investment and growth

Ploeg, Frederick van der - 2003

The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the … cutting public spending on private goods induce an investment boom. Making the tax system less progressive by cutting tax … credits and the income tax rate induces an investment boom as well. The effects of endogenous growth, adjustment costs for …

Persistent link: https://www.econbiz.de/10011506465

Can minimum wages raise workers' incomes in the long run?

Oikonomidēs, Geōrgios; Moutos, Thomas - 2016 - This Draft: May 2016

Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...

Persistent link: https://www.econbiz.de/10011481224

Capital accumulation and employment cycles in a model of creative destruction

Palokangas, Tapio K. - 2003

A Schumpeterian growth model is constructed for an economy with wage bargaining. It is shown that the economy is subject to cycles in which capital, output and employment vary in fixed proportion. These increase through saving and capital accumulation until a new technology is introduced, at...

Persistent link: https://www.econbiz.de/10011514161

Product market competition, investment and employment-abundant versus job-poor growth : a real options perspective

Chen, Yu-Fu (contributor); Funke, Michael (contributor) - 2005

The role of product market reforms in achieving the objective of higher employment and growth has recently received much attention amongst academics. The aim of this paper is to analyse some of the channels through which cross-market effects come about and to assess their policy relevance. The...

Persistent link: https://www.econbiz.de/10003202265

Working time reduction and employment in a finite world

Fagnart, Jean-François; Germain, Marc; Van der Linden, … - 2021

We study the consequences of a working time reduction (WTR hereafter) in a growth model with efficiency wages and an essential natural resource (natural capital). Considering that technical progress cannot reduce the resource content of final production to zero, we show that the effects of a WTR...

Persistent link: https://www.econbiz.de/10012643552

Taxation and unemployment : an applied general equilibrium approach : presented at Venice Summer Institute, Workshop on Policy Analysis with Numerical Models, July 2004

Boehringer, Christoph; Boeters, Stefan; Feil, Michael - 2004

market regime, simulations for Germany show that labour tax policies can make only a small contribution to alleviating the …

Persistent link: https://www.econbiz.de/10011450719

Labor market effects of economic integration : the impact of re-unification in German border regions

Büttner, Thiess; Rincke, Johannes - 2004

The paper argues that economic integration causes problems for the labor market of high-wage countries due to cross-border labor mobility and the accompanying increase in labor supply. Empirical evidence is provided from an analysis of regional labor market effects of German re-unification. In...

Persistent link: https://www.econbiz.de/10011402446