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Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …
Persistent link: https://www.econbiz.de/10003759253
money growth leads to higher inflation and higher unemployment, so the long-run Phillips curve is not vertical. The optimal … monetary growth rate decreases with the workers' bargaining power, the level of unemployment benefits and the payroll tax rate …. -- inflation ; unemployment ; search-matching ; Friedman rule …
Persistent link: https://www.econbiz.de/10003344604
suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …
Persistent link: https://www.econbiz.de/10010379335
-employment. -- Self-employment ; state dependence ; labor market dynamics ; unemployment …
Persistent link: https://www.econbiz.de/10003793470
. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a … be seen how future governments react to worsened economic conditions in light of these experiences. -- Unemployment …
Persistent link: https://www.econbiz.de/10003932145
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economic growth in the future. -- unemployment ; labor force participation ; labor supply ; benefit systems ; public policy …
Persistent link: https://www.econbiz.de/10009613697
Persistent link: https://www.econbiz.de/10002093504