redistribute income, despite its negative impact on unemployment. In the absence of commitment, firms anticipate the government … a reduction in the labor demand that generates unemployment. …

We develop a general equilibrium analysis of the impact of active labour market policy on unemployment, wages and the … employed have little exposure to unemployment and if the demand for unskilled labour is inelastic, there may be political … support for policies which actually raise the equilibrium level of total unemployment. …

, unemployment and non-participation). Based on these estimates, we present calculations of the dead-weight loss of taxes, which turn …

burden whereas for DIY activities, the level of unemployment is the main factor. …

. The most important factors driving the shadow economy are indirect taxation and unemployment. Analyzing the interaction …

the politically important core of society, even though income inequality may increase for society as a whole. In the model …

The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterised by economic …