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of unemployment and wages or wage incomes. Participation rates and migrations are also touched upon. An expectation that … equilibrium values of relative wages and rates of unemployment after a business cycle. …
Persistent link: https://www.econbiz.de/10012142225
Private consumption demand falls in response to increased unemployment risk during a recession, as households increase … unemployment risk is more important than realized unemployment shocks in accounting for durable expenditure dynamics during … recessions, while the opposite is true for nondurables. The importance of anticipation of future unemployment risk also means …
Persistent link: https://www.econbiz.de/10012142400
, unemployment and the size of the informal sector are affected by punishment policies, which has been ignored in the previous …
Persistent link: https://www.econbiz.de/10012142254
unemployment. A higher audit rate has an ambiguous impact on unemployment, and may actually increase the size of the underground …
Persistent link: https://www.econbiz.de/10012142274
While examining the macroeconomic effects of government tax and punishment policies, this paper develops a three-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers are assumed to differ in ability, and the choice of education is determined...
Persistent link: https://www.econbiz.de/10012142275
Greenland’s publications on employment and on unemployment. There are some difficulties using the available data: the employment … and unemployment surveys refer to periods whereas the potential workforce is counted at a date. Furthermore persons with …
Persistent link: https://www.econbiz.de/10012142288
. Furthermore, if the presence of skill-biased technological shocks increase unemployment, this may explain why the market it …-between subsidizing education and thereby reducing unemployment and optimizing welfare may be eliminated. We analyse this issue in a …
Persistent link: https://www.econbiz.de/10012142293
actual unemployment. …
Persistent link: https://www.econbiz.de/10012142366
skills during the experience of unemployment. Within a search and matching model, we show that all natives and immigrants are …
Persistent link: https://www.econbiz.de/10012142374
skills during an unemployment experience. Within a search and matching framework, we show that both natives and immigrants …
Persistent link: https://www.econbiz.de/10012142379