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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
We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …
Persistent link: https://www.econbiz.de/10012233084
We provide new evidence on the effect of the unemployment insurance (UI) weekly benefit amount on unemployment …
Persistent link: https://www.econbiz.de/10012236713
Persistent link: https://www.econbiz.de/10002093504