Showing 71 - 80 of 3,791
taxation to tax competition. -- capital taxation ; asymmetric tax competition ; rigid wages ; unemployment ; losses from trade …In a multi-country general equilibrium economy with mobile capital and rigid-wage unemployment, countries may differ in … capital endowments, production technologies and rigid wages. Governments tax capital at the source to maximize national …
Persistent link: https://www.econbiz.de/10003887411
preserved. -- capital tax competition ; unemployment ; efficient bargains …Ogawa et al. (2006) analyze capital tax competition in a fixed-wage approach and show that the original results of … Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view …
Persistent link: https://www.econbiz.de/10003979376
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … improvements in the technology of offshoring. -- offshoring ; trade in tasks ; unemployment ; search and matching …
Persistent link: https://www.econbiz.de/10003965854
non-market activities. Search-matching frictions on the labor markets create unemployment. Wages, labor demand and … participation are endogenous. Average tax rates are increasing at the optimum. This shifts wages below their laissez faire value and … distorts labor demand upwards. The marginal tax rate is positive at the top of the skill distribution even when the latter is …
Persistent link: https://www.econbiz.de/10009009108
the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We …
Persistent link: https://www.econbiz.de/10009011356
; heterogeneous agents ; unemployment ; tax reform …-run welfare effects of tax reforms assuming agent heterogeneity in capital holdings. Each of these market failures, independently …, results in welfare losses for at least a segment of the population, after a capital tax cut and a concurrent labour tax …
Persistent link: https://www.econbiz.de/10009307947
's generous welfare states with high structural unemployment rates. -- Corporate tax ; foreign direct investment ; unemployment … unemployment. Four main results are derived: (i) the optimal size of the welfare state depends on the degree of risk-aversion and … the unemployment rate as a measure of labor income risk. The unemployment rate partly reflects the country's exposure to …
Persistent link: https://www.econbiz.de/10003808645
This paper provides a model of "social hysteresis", whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009753001
sharing, which results in aggregate unemployment. In this extended model, offshoring furthermore has non-monotonic effects on … unemployment and intra-group inequality among workers. The paper also offers a calibration exercise to quantify the effects of …
Persistent link: https://www.econbiz.de/10009691678
lack of compensating differentials for unemployment risk can arise in equilibrium when all workers are identical and firms … differ only in job security (i.e. the probability that the worker is not sent into unemployment). In a setting where workers … risky tail of the distribution of firm-level unemployment risk. Meanwhile, unemployment becomes persistent for low-wage and …
Persistent link: https://www.econbiz.de/10010223412