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world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment …
Persistent link: https://www.econbiz.de/10010516561
Persistent link: https://www.econbiz.de/10013428566
. By many, these reforms, especially the Hartz reforms on the labor market, are considered to be the root of observed …, consumption, investment and (un)employment, the reforms were a clear success albeit the impact on the German current account was …
Persistent link: https://www.econbiz.de/10011316580
completely offset the incentive effects of work-related pull factors and thereby hamper an efficient allocation of labor across …
Persistent link: https://www.econbiz.de/10009764577
We present novel evidence for the influence of malaria exposure on the geographic loca- tion of Chinese economic activities in Africa. The hypothesis is based on the observation that many Chinese aid projects and infrastructure contractors rely on Chinese personnel. High malaria exposure might...
Persistent link: https://www.econbiz.de/10013189693
In a real business cycle model with labor market frictions, we find that a more progressive tax schedule reduces … structural unemployment as it fosters long-run incentives for job creation. Because there exists an optimal level of unemployment … borrow, while it reduces the business cycle costs for households with limited asset market participation (rule …
Persistent link: https://www.econbiz.de/10009739558
An emerging stream of research from various disciplines studies online labor market (OLM) platforms as an alternative … way of accomplishing work compared to traditional (offline) labor markets. Although prior work has increased our …
Persistent link: https://www.econbiz.de/10012793667
DSGE model of a monetary union with a complex labour market structure and a comprehensive public sector, we evaluate the …
Persistent link: https://www.econbiz.de/10011518187
Using an estimated large-scale New-Keynesian model, we assess welfare and business cycle consequences of a fiscal union within EMU. We differentiate between three different scenarios: public revenue equalisation, tax harmonisation and a centralised fiscal authority. Relative to the status quo,...
Persistent link: https://www.econbiz.de/10011546743
-employment and the consequences of unemployment rather than from advantages of self-employment. …
Persistent link: https://www.econbiz.de/10010414222