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In this paper six authors propose guidelines for German labor market policy, to overcome current discouragement and lead to a new balance of social security and individual competetiveness. Crucial aspects in this regard should be a reformed tax system based on excise instead of income taxes, and...
Persistent link: https://www.econbiz.de/10011294519
distortions in the transport market. In absence of these distortions and despite spatial terms in wages, the standard condition …
Persistent link: https://www.econbiz.de/10011336862
the stylized facts, notably that wages are higher in larger locations, land-use for production and housing has to be taken …
Persistent link: https://www.econbiz.de/10003759291
. They reside in a city and commuting to the job center involves both pecuniary and time costs. Thus, workers with high wages …
Persistent link: https://www.econbiz.de/10003540702
This paper studies the social desirability of agglomeration and the efficiency arguments for policy intervention in a simple, analytically solvable 'new economic geography' model with two trade integrating regions. The location pattern emerging as market equilibrium is bubbleshapedʺ, i.e. it...
Persistent link: https://www.econbiz.de/10002429482
different technologies that imperfectly compete in wages to attract these workers. Once employed, each worker bears an education … subsidy either the education cost or wages and compare them. We found that the first best allocation can only be implemented … firms and show that, in terms of welfare, subsidizing education costs or wages is strictly equivalent. …
Persistent link: https://www.econbiz.de/10011403206
This paper explores the quantitative consequences of transatlantic trade liberalization envisioned in a Transatlantic Trade and Investment Partnership (TTIP) between the United States and the European Union. Our key innovation is to develop a new quantitative spatial trade model and to use an...
Persistent link: https://www.econbiz.de/10010516481
changes in occupational match quality and the associated changes in wages. We first investigate how workers' match qualities …
Persistent link: https://www.econbiz.de/10012239564
Job mobility, especially early in a career, is an important source of wage growth. This effect is typically attributed to heterogeneity in the quality of employee-employer matches, with individuals learning of their abilities and discovering the tasks at which they are most productive through...
Persistent link: https://www.econbiz.de/10011756770
The division of labor between and within countries is driven by two fundamental forces, comparative advantage and increasing returns. We set up a simple Ricardian model with a Marshallian input sharing mechanism to study their interplay. The key insight that emerges is that the interaction...
Persistent link: https://www.econbiz.de/10011543995