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An incentive theory of matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2009
empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …
Persistent link: https://www.econbiz.de/10003832116
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Beyond the labour income tax wedge : the unemployment-reducing effect of tax progressivity
Lehmann, Etienne; Lucifora, Claudio; Moriconi, Simone; … - 2014
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
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Optimal fiscal policy with labor selection
Chugh, Sanjay K.; Lechthaler, Wolfgang; Merkl, Christian - 2018
This paper characterizes long-run and short-run optimal fiscal policy in the labor selection framework. In a calibrated non-Ramsey decentralized equilibrium, labor market volatility is inefficient. Keeping fixed the structural parameters, the Ramsey government achieves efficient labor market...
Persistent link: https://www.econbiz.de/10011872840
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Wage risk and employment risk over the life cycle
Low, Hamish (contributor); Meghir, Costas (contributor);  … - 2008
stamps which partially insure productivity risk is greater than the value of unemployment insurance which provides (partial …) insurance against employment risk and no insurance against persistent shocks. -- Uncertainty ; life-cycle models ; unemployment …
Persistent link: https://www.econbiz.de/10003755963
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Wage risk and employment risk over the life cycle
Low, Hamish; Meghir, Costas; Pistaferri, Luigi - 2007
Persistent link: https://www.econbiz.de/10003444188
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On the optimality of search matching equilibrium when workers are risk averse
Lehmann, Etienne (contributor);  … - 2004 - [Elektronische Ressource]
Persistent link: https://www.econbiz.de/10002093504