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security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations …
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Arbeitslosigkeit wird in diesem Kontext insbesondere als das Ergebnis von auf Insider-Outsider-Strukturen basierenden Hysterese …
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This paper proposes a method for the welfare analysis of pay-as-you-go social security systems. We derive a formula for the welfare consequences of a permanent marginal change in the payroll tax rate that is valid under weak assumptions about the deep structure of the economy. Our approach...
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