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Changing the income tax progressivity in labour markets with collective wage bargaining generates a trade-off. On the one hand, higher progressivity distorts individual labour supply decisions at the hours-of-work margin, on the other hand, it reduces unemployment by exerting downward pressure...
Persistent link: https://www.econbiz.de/10003969884
In labour markets with collective wage bargaining higher progressivity of the labour income tax creates a trade-off. On the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is distorted at the hours-of-work margin. The optimal level...
Persistent link: https://www.econbiz.de/10003888037
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply explanation to the discussion how these distinct labour...
Persistent link: https://www.econbiz.de/10011444759
While a widespread consensus exists among macroeconomists that the German labour market reforms in 2003-2005 have successfully contributed to the decline of the unemployment rate, critics claim that the reforms led to wage restraint and consequently consumption dampening accompanied by...
Persistent link: https://www.econbiz.de/10010204043
Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum jemand widersprechen wollen. Eher scheiden sich die Geister an der Frage nach dem "wirklichen" quantitativen Ausmaß der Unterbeschäftigung, ihren Ursachen und welche...
Persistent link: https://www.econbiz.de/10011444949
dem Hintergrund der hohen und persistenten Arbeitslosigkeit in Deutschland in den jeweiligen Jahresgutachten des SVR einen …
Persistent link: https://www.econbiz.de/10010193303
This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...
Persistent link: https://www.econbiz.de/10011442687
Lohnverhandlungen sowie der Kündigungsschutz von Bedeutung. Die Zuverlässigkeit der Resultate wurde durch die Berücksichtigung von …
Persistent link: https://www.econbiz.de/10008652532
Erweiterungsprozesses der Europaischen Union an Bedeutung gewonnen. In theoretischer Hinsicht gilt eine hohe Sychronisation der … Koordinierung der Lohnverhandlungen sowie der Steuern auf Arbeit sind wichtige Determinanten für eine grössere Ähnlichkeit der … Zyklen. Gleichartige Reformen hinsichtlich der Koordinierung der Lohnverhandlungen, der Lohnersatzraten sowie der Steuern auf …
Persistent link: https://www.econbiz.de/10003813977
I extend the model-based literature on spillover effects of labour market reforms on foreign (un-)employment by allowing for third-country effects. When the workhorse two-country model is enlarged to include a third country, a reform causes an additional indirect effect through a terms-of-trade...
Persistent link: https://www.econbiz.de/10011286047