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Optimal government spending and unemployment
Linnemann, Ludger; Schabert, Andreas - 2008 - This version: February 29, 2008
We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy …
Persistent link: https://www.econbiz.de/10011374417
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Is a minimum wage an appropriate instrument for redistribution?
Gerritsen, Aart; Jacobs, Bas - 2016
minimum-wage increase raises involuntary unemployment, but also raises skill formation as some individuals avoid unemployment … skill formation outweigh both the public revenue losses from additional unemployment and the utility losses of inefficient … the revenue losses from higher unemployment. We write this condition in terms of measurable sufficient statistics. Our …
Persistent link: https://www.econbiz.de/10011563071
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Time-varying degree of wage indexation and the New Keynesian Wage Phillips Curve
Attey, Jonathan A. - 2016
Cost-of-Living-Adjustment (COLA) coverage figures suggest a time variation in the degree of wage indexation. In spite of this observation, most current literature conveniently assume a constant degree of indexation as this variable is not directly observable. This study intends to empirically...
Persistent link: https://www.econbiz.de/10011563079
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Unemployment and search externalities in a model with heterogeneous jobs and heterogeneous workers
Gautier, Pieter - 1999 - This version: June, 25, 1999
The continuing deterioration of the position of low skilled workers in the beginning of the 90's in essentially all industrialized countries is one of the most debated issues in both labor and macro-economics. In this paper a matching model with low and high skilled workers and simple and...
Persistent link: https://www.econbiz.de/10011302133
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An experimental investigation of wage taxation and unemployment in closed and open economies
Riedl, Arno; Winden, Frans A. A. M. van - 2000
We investigate experimentally the economic effects of wage taxation to finance unemployment benefits for a closed … the dynamic interaction between the wage tax and unemployment. (ii) Employment is boosted by budget deficits but …
Persistent link: https://www.econbiz.de/10011304623
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Time-varying state correlations in state space models and their estimation via indirect inference
Schiavoni, Caterina; Koopman, Siem Jan; Palm, Franz C.; … - 2021
Statistics Netherlands uses a state space model to estimate the Dutch unemployment by using monthly series about the … more realistic real-time unemployment estimates. …
Persistent link: https://www.econbiz.de/10012434085
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Support for small businesses amid COVID-19
Goodhart, Charles A. E.; Tsomocos, Dimitrios P.; Wang, Xuan - 2021 - Revision: January 13, 2021
productivity in the long run, but the economy suffers persistent unemployment in the near term. However, a pro …
Persistent link: https://www.econbiz.de/10012251378
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Acceleration of technology adoption withing firms
Koellinger, Philipp; Schade, Christian D. - 2008
This paper studies the diffusion of multiple, related technologies among firms. The results suggest an endogenous acceleration mechanism of technology adoption: The more advanced a firm is in using a particular set of technologies, the more likely it is to adopt additional, related technologies....
Persistent link: https://www.econbiz.de/10011377052
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The (self-)funding of intangibles
Döttling, Robin; Ladika, Tomislav; Perotti, Enrico C. - 2016
In response to technological change, U.S. corporations have been investing more in intangible capital. This transformation is empirically associated with lower leverage and greater cash holdings, and commonly explained as a precautionary response to reduced debt capacity. We model how firms'...
Persistent link: https://www.econbiz.de/10011556238
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Does a tougher environmental policy raise unemployment? : Optimal taxation, public goods and environmental policy with rationing of labour supply
Bovenberg, Ary Lans; Ploeg, Frederick van der - 1993
Persistent link: https://www.econbiz.de/10000122517