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Migration by low-income workers limits the ability of a country to redistribute income, since more generous income supplements attract additional workers into the country, reducing wages and raising the cost of the program. This article studies the role of immigration controls, which allow the...
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Unemployment insurance (UI) distorts firms' layoff decisions by reducing the cost of laying off workers. To dampen this increase, it has been suggested that UI should be financed with an experience-rated tax. Despite the fact that increasing the level of experience rating can reduce...
Persistent link: https://www.econbiz.de/10014061880
Unemployment insurance (UI) distorts firms' layoff decisions by reducing the cost of laying off workers. To dampen this increase, it has been suggested that UI should be financed with an experience-rated tax. Despite the fact that increasing the level of experience rating can reduce...
Persistent link: https://www.econbiz.de/10014067189
Migration by low-income workers limits the ability of a country to redistribute income, since more generous income supplements attract additional workers into the country, reducing wages and raising the cost of the program. This article studies the role of immigration controls, which allow the...
Persistent link: https://www.econbiz.de/10012758992