This paper develops an overlapping-generations model characterized by endogenous growth, unemployment, and pollution … unemployment benefits, and considers a replacement-ratio-neutral reform in which the environmental tax is devoted to cutting the … employees' rate of contribution to unemployment insurance. Under this reform, (i) the growth rate is increased, the unemployment …

endogenous growth and (ii) wage setting by trade unions as the cause of unemployment. Within this framework, the paper considers … growth and unemployment affected by public pensions under the following two types of pension system: the proportionate …

and efficient bargaining - to the existence of a budget constraint pending on the financing of the unemployment benefit …, implications of union having control over membership, and, hence, of unemployment insurance coverage, are also considered, as well … as of different fiscal scenarios on the form of financing the unemployment benefit bill. …

The paper develops an overlapping generations model that highlights interactions between social security, unemployment … and growth. The social security system has two components: old age pensions and unemployment insurance. Pensions have a … direct effect on economic growth. Both pensions and unemployment benefits influence equilibrium unemployment caused by wage …

constant rate which is the higher, the lower are the labour tax rate and the unemployment rate. Both government Ponzi games and …, an increase in the debt-to-capital ratio is accompanied by higher taxes, a rise in unemployment and lower economic growth. …

security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations …

-generations framework we show that in an environment characterized by unemployment, a reform towards a private pension system in the steady …

level and time path of the unemployment rate. It is demonstrated that (1) a higher contribution rate results in a lower … unemployment rate, and (2) the economy with a high (low) contribution rate experiences monotone convergence towards (oscillatory …