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Search and matching frictions and business cycle fluctuations in Bulgaria

Vasilev, Aleksandar - 2016

In this paper we investigate the quantitative importance of search and matching fric- tions in Bulgarian labor markets. This is done by augmenting an otherwise standard real business cycle model a la Long and Plosser (1983) with both a two-sided costly search and fiscal policy. This introduces a...

Persistent link: https://www.econbiz.de/10011498689

Imperfect competition in product markets and labor markets, general equilibrium and unemployment

Schniewind, Achim - 2000

In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We … affect aggregate unemployment for an exogenously given minimum real wage. The bottom-line was that product market reforms … will help to reduce aggregate unemployment under most circumstances.Modeling a microfoundation of mark-ups, we have …

Persistent link: https://www.econbiz.de/10009476214

Imperfect Competition, Labour Market Distortions, and the Double Dividend Hypothesis. Theory and Evidence from Italian Data

Marsiliani, Laura; Renstrom, Thomas I. - 2003

The paper explores the hypothesis of a double dividend from environmental taxation i.e. whether shifting the burden of taxation away from labour toward the environment can boost employment and increase welfare. We present a general-equilibrium model where the economy is distorted by labour...

Persistent link: https://www.econbiz.de/10014038676