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employment, unemployment, and economic growth in OECD countries. The paper examines a number of facets of tax and welfare policy …
Persistent link: https://www.econbiz.de/10014400072
leads to smaller output and employment declines compared to rate hikes, even when distinguishing between tax types …
Persistent link: https://www.econbiz.de/10011932304
detrimental medium-term effects on output, unemployment, poverty, and inequality. However, policies can go a long way toward … relatively greater fiscal support. The increases in unemployment, poverty, and inequality are likewise lower for countries with …
Persistent link: https://www.econbiz.de/10012605652
unemployment, several European economies display highly persistent unemployment dynamics. The theory of hysteresis challenges this … strong empirical evidence of unemployment hysteresis in advanced economies since the 1990s. Relying on an identification … unemployment rates to pre-shock levels …
Persistent link: https://www.econbiz.de/10011905828
growth as well as employment protection legislation reduce the likelihood of an outward shift in the Beveridge curve,. Our … education in the labor force and when long-term unemployment is more pronounced. Policies which could facilitate labor market … policies, such as unemployment benefits, as well as labor taxation render matching signficantly more difficult …
Persistent link: https://www.econbiz.de/10011705710
This paper studies net employment growth across 21 OECD economies in 1980-97, focusing on experiences within the … shows that a policy package including low taxation and flexible employment protection legislation is associated with high …
Persistent link: https://www.econbiz.de/10014400873
The literature on the relationship between the unemployment rate and wage bargaining fails to separate the offsetting … effects of a reduction in competition associated with centralized bargaining and the increased awareness of unemployment … unemployment rate in countries that have switched to centralized wage-bargaining arrangements, the industry wage is not …
Persistent link: https://www.econbiz.de/10014399657
Persistent link: https://www.econbiz.de/10009572525
Persistent link: https://www.econbiz.de/10009572544
This paper introduces a comprehensive database on bank ownership for 137 countries over 1995-2009, and reviews foreign bank behavior and impact. It documents substantial increases in foreign bank presence, with many more home and host countries. Current market shares of foreign banks average 20...
Persistent link: https://www.econbiz.de/10009424698