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cycle further lowe ring the fiscal multiplier. Longer maturity debt leads to larger capital losses and lower Keynesian … further after a deficit financed stimulus package, eventually implying a cumulative Keynesian multiplier close to zero or even …
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transitions between the states of nonparticipation, unemployed search, and employment. Motivated by a model of household search … nonparticipation (both out of unemployed search and employment) are positively affected by the husband's income (while no effect is … found for transitions out of nonparticipation). Men seem to move from employment into unemployed search easier the higher is …
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tourist income multiplier falling in between 0.55 and 0.67. …
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This paper focuses on the relation between the onset of disability and employment outcomes. We develop an event history … observed disability rates result from gradual deteriorations in health. We find no direct effect of health shocks on employment … the employment rate at age 40 with around 21 percentage points. Our results show that early childhood conditions are …
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Many OECD countries are facing decreases in the employment rates of disabled workers. To uncover the driving forces of …) application cohorts for the Netherlands between 1999 and 2013. Our main finding is that the substantial decrease in employment … changing individual employment rates. …
Persistent link: https://www.econbiz.de/10012122557
industry and employment. These relationsprovide the building blocks of a new industrial policy. The articles areincluded in … Innovation, Industry Evolution and Employment published by CambridgeUniversity Press in 1999. The continued rising unemployment … inevitabletradeoff between greater employment but at the sacrifice of lower wages on theone hand, versus the maintenance of wages and …
Persistent link: https://www.econbiz.de/10011302137
Progressive income taxes moderate wage demands by trade unions and thereby reduce unemployment, but alsothey reduce incentives to acquire skills and lower productivity of workers. The optimal response of the governmentto this dilemma is to choose a system of progressive taxes and to (partly)...
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