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the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and … ; unemployment …
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, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity … ; tax progressivity ; optimal taxation ; collective wage bargaining ; unemployment ; microsimulation ; computable general …
Persistent link: https://www.econbiz.de/10003969884
production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment …. -- Computable general equilibrium model ; labour market ; labour supply ; labour demand ; microsimulation ; involuntary unemployment …
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reform on wages and unemployment. The simulation results show that general equilibrium wage reactions tend to mitigate labour …
Persistent link: https://www.econbiz.de/10011448867
reform on wages and unemployment. The simulation results show that general equilibrium wage reactions tend to mitigate labour …
Persistent link: https://www.econbiz.de/10013428601