Showing 1 - 4 of 4
Empirical evidence reveals that unemployment tends to increase property crime but that it has no effect on violent crime. To explain these facts, we examine a model of criminal gangs and suggest that there is a substitution effect between property crime and violent crime at work. In the model,...
Persistent link: https://www.econbiz.de/10003578420
Persistent link: https://www.econbiz.de/10001829804
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … in dual labor markets. Outsourcing promotes wage dispersion between the high-skilled and low-skilled workers. Higher … reduce equilibrium unemployment of low-skilled workers both in the presence and absence of labor taxation. In the presence of …
Persistent link: https://www.econbiz.de/10003719633
In order to alleviate unemployment it is often recommended to reduce social security contributions (SSC) and to compensate for the ensuing loss in revenues by a rise in the value-added tax (VAT). Assuming unemployment to be caused by efficiency wages, it is shown that a balanced-budget shift...
Persistent link: https://www.econbiz.de/10011313955