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einen Mindestlohn und keine hohe Arbeitslosigkeit.“ Unberücksichtigt in dieser Aussage bleibt der Einfluss anderer …Ein gesetzlicher Mindestlohn erzeugt Träume. Positiv sieht er so aus: jede arbeitende Person verdient genug, um aus … Arbeitsmarktinstitutionen auf die Arbeitslosigkeit. Es sollen daher Muster, die hoher und niedriger Arbeitslosigkeit zu Grunde liegen …
Persistent link: https://www.econbiz.de/10005628470
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10010938989
We consider a dynamic general equilibrium model with collective wage bargaining and investigate how unemployment … unemployment persistence by its adverse impact on growth, and may even destabilize the adjustment path. If this is the case, a … future fiscal consolidation is needed which further raises unemployment. These results are consistent with empirical evidence …
Persistent link: https://www.econbiz.de/10005083290
We incorporate a wage bargaining structure in a dynamic general equilibrium model and show how this feature changes short and long-run properties of equilibria compared with a perfectly competitive setting. We discuss how employment, capital, and income shares respond to wage setting shocks and...
Persistent link: https://www.econbiz.de/10005083312
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10009493505
unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetriesmay have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10009645266
Persistent link: https://www.econbiz.de/10008596138
This paper develops an overlapping-generations model characterized by endogenous growth, unemployment, and pollution … unemployment benefits, and considers a replacement-ratio-neutral reform in whichthe 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 …
Persistent link: https://www.econbiz.de/10005764468
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. …
Persistent link: https://www.econbiz.de/10004970422
relationship between bubbles, economic growth, and unemployment. We show that the existence of bubbles is contingent upon the … equilibrium unemployment rate. Asset bubbles can (not) exist when unemployment is low (high), which leads to higher (lower …
Persistent link: https://www.econbiz.de/10011097618