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increase in premiums for labor wages actually leads to increased unemployment rates. Furthermore, I argue that by decreasing …
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Recently, as low birth rates and the aging of society have intensified, considerable analysis is being conducted using overlapping generations models with endogenous birth rates. However, most previous studies have assumed full employment. Since it is the case that unemployment does exist in...
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unemployment was investigated. The overlapping generation model with involuntary unemployment was used because wages were set by …
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data archive), this study provides corrected estimates for endogeneity attributed to family-friendly policies on wages. The … results indicate that the policies related to childcare and care for the elderly have a negative impact on wages when they are … employability. While the former has positive effects on wages for both genders, the latter has positive for males, but negative for …
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