This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …

This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage … traps. -- Unemployment ; labor market trap ; East Germany …

German welfare system and the associated employment persistence. Even the steady decrease of labor cost (normalized by … underutilization, and unemployment arising from the decline of the tradeable sector. …

on the new wage, the duration of unemployment and the subsequent employment duration. … Effectiveness of Employment Subsidies" by Alessio Brown, Christian Merkl and Dennis Snower). According to our proposal employers … of time. The size of the vouchers increases with the duration of unemployment as well as with the qualification and …

real wage rigidities. -- Monetary policy ; real wage rigidity ; labor turnover costs ; unemployment ; tradeoff …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … ; macroeconomic volatility ; monetary policy ; firing costs ; unemployment benefits ; replacement rate …

German labor market volatilities by a longer expected job duration. -- Labor Market Volatilities ; Unemployment ; Worker …

") returns negative short-run multipliers, but stabilises employment. Our model highlights a novel dimension through which …