Similar Search Results

Factor shares, the price markup, and the elasticity of substitution between capital and labor

Raurich-Puigdevall, Xavier; Sala, Hector; Sorolla i … - 2011

In a Walrasian labor market, the labor income share is constant under the assumptions of a Cobb-Douglas production … function and perfect competition. Given the observed decline of the labor share in recent decades, this paper relaxes these ….S. These results are used to explain the declining path of the labor income share, common to both economies, and their …

Persistent link: https://www.econbiz.de/10009422480

The tax system incidence on unemployment : a country-specific analysis for the OECD economies

García Martínez, José Ramón (contributor); … - 2006

This paper provides a detailed analysis on the incidence of the tax structure on the labor market. To do so it goes …

Persistent link: https://www.econbiz.de/10003355556

Earnings-related severance pay

Goerke, Laszlo - 2006

In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However, severance payments are usually related to wages. It is shown that earnings-related, mandated severance pay will have ambiguous employment effects if effort can be varied...

Persistent link: https://www.econbiz.de/10003355561

Corporate and personal income tax declarations

Goerke, Laszlo (contributor) - 2006

Decisions by firms and individuals on the extent of their tax payments have generally been treated as separate choices. Empirically, a positive relationship between corporate and personal income tax evasion can be observed. The theoretical analysis in this paper shows that a manager's decision...

Persistent link: https://www.econbiz.de/10003355568

Phillips curves and unemployment dynamics : a critique and a holistic perspective

Karanassou, Marika (contributor); Sala, Hector (contributor) - 2006

"The conventional wisdom that inflation and unemployment are unrelated in the long-run implies that these phenomena can be analysed by separate branches of economics. The macro literature tries to explain inflation dynamics and estimates the NAIRU. The labour macro literature tries to explain...

Persistent link: https://www.econbiz.de/10003359297

Unemployment insurance savings accounts and collective wage determination

Goerke, Laszlo (contributor) - 2007

Unemployment Insurance Savings Accounts (UISAs) entitle workers to unemployment benefits at the expense of future pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In the present paper the wage and employment consequences of...

Persistent link: https://www.econbiz.de/10003578895

A positive theory of the earnings relationship of unemployment benefits

Goerke, Laszlo (contributor); Pannenberg, Markus (contributor) - 2007

Evidently, the benefit-structure of the unemployment insurance has a significant influence on profits and trade union utility. We show for a wage bargaining model that a stronger earnings relationship of unemployment benefits may reduce wages and increase employment. This raises the question as...

Persistent link: https://www.econbiz.de/10003539357

The macroeconomics of the labor market : three fundamental views

Karanassou, Marika (contributor); Sala, Hector (contributor) - 2006

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … frictionless equilibrium view; (ii) the chain reaction theory, or prolonged adjustment view; and (iii) the hysteresis view. While … problems faced by these conceptions in explaining the diversity of labor market experiences across the OECD labor markets. We …

Persistent link: https://www.econbiz.de/10003504689

Relative consumption, working time, and trade unions

Goerke, Laszlo; Hillesheim, Inga - 2013

Status considerations with respect to consumption give rise to negative externalities because individuals do not take into account that their decisions affect the relative consumption position of others. Further, status concerns create incentives for excessive labour supply in competitive...

Persistent link: https://www.econbiz.de/10009763210

How diverse can spatial measures of cultural diversity be? : results from Monte Carlo simulations of an agent-based model

Arribas-Bel, Daniel; Nijkamp, Peter; Poot, Jacques - 2014

Cultural diversity is a complex and multi-faceted concept. Commonly used quantitative measures of the spatial distribution of culturally-defined groups – such as segregation, isolation or concentration indexes - are often only capable of identifying just one aspect of this distribution. The...

Persistent link: https://www.econbiz.de/10010369838