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transmission channel. The effects of integration on unemployment, however, depend importantly on the nature of wage taxation and … unemployment compensation. As a separate methodological contribution, we extend a dynamic CGE model for Germany to allow for search … unemployment of high- and low-skilled labour. Simulating the effects of Eastern EU enlargement, we find quantitatively small …
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We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy …
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Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view …
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