Showing 1 - 10 of 504
and 'services' are produced both in the market and within the households. We use the model to examine how unemployment and … services reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower …
Persistent link: https://www.econbiz.de/10011408425
We use a random survey of Swedish human resource managers to study the reasons for wage rigidity. Our findings are as follows. First, during the exceptional recession of the 1990s only 1.1 percent of workers received a wage cut. Second, much wage rigidity can be traced to behavioral mechanisms...
Persistent link: https://www.econbiz.de/10011511094
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010371904
This paper reviews the Italian unemployment experience, analyzing in particular the time-series behavior of … unemployment rates along the path that brought Italy into Europe s Economic and Monetary Union, and their disaggregated structure … across geographical and demographic dimensions. High aggregate unemployment is a reflection of highly concentrated …
Persistent link: https://www.econbiz.de/10011507672
labor supply and equilibrium unemployment in representative agent models. The impact of tax policy on labor market … unemployment benefits. In non-competitive labor markets, employment declines if a higher tax burden makes the outside option (i ….e. unemployment) relatively more attractive. Marginal tax rates typically differ substantially across individuals. To explore the …
Persistent link: https://www.econbiz.de/10011509463
The Danish labour market has undergone a remarkable change during the 1990s with a reduction of the unemployment rate … unemployment insurance system. This paper offers an overview of the developments in the Danish labour market during the 1990s, and … reviews the major policy shifts, as well as possible explanations of the remarkable reduction in unemployment. …
Persistent link: https://www.econbiz.de/10011507864
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/10012162484
Leveraging a major Italian reform enacted in June 2012 that eroded employment protection to workers on permanent contracts, we use detailed administrative data to estimate how this reduction affected the cost of job loss. We employ a stacked-by-event research design, which compares workers...
Persistent link: https://www.econbiz.de/10015081326
Conventional models of equilibrium unemployment typically imply that proportional taxes on labor earnings are neutral … with respect to unemployment as long as the tax does not affect the replacement rate provided by unemployment insurance, i ….e., unemployment benefits relative to after-tax earnings. When home production is an option, the conventional results may no longer …
Persistent link: https://www.econbiz.de/10011398419
How the internet affects job matching is not well understood due to a lack of data on job vacancies and quasi … unemployment-spell. Consequently, our calculations suggest that the steady-state unemployment rate fell by as much as one-fifth. …
Persistent link: https://www.econbiz.de/10012156373