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Persistent link: https://www.econbiz.de/10003432670
This paper presents an Agent-Based Model (ABM) that seeks to explain the concordance of sluggish growth of productivity and of real wages found in macro-economic statistics, and the increased dispersion of firm productivity and worker earnings found in micro level statistics in advanced...
Persistent link: https://www.econbiz.de/10012159982
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other macro] determinants of the rates of dependent employment without a contract, informal self-employment, and … a significant negative impact on prevalence of both types of informal employment. The share of non-contracted employees … falls with stricter employment protection legislation (EPL) and higher tax wedge on labor. Thus it appears that in Europe at …
Persistent link: https://www.econbiz.de/10013121759
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This paper develops an overlapping-generations model characterized by endogenous growth, unemployment, and pollution. The paper focuses on the replacement ratio, which measures the proportion of after-tax work earnings replaced by unemployment benefits, and considers a replacement-ratio-neutral...
Persistent link: https://www.econbiz.de/10012751705
It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue-compensating cut in wage taxes (Uhlig and Yanagawa 1996; European Economic Review 40, 1521-1540) or with an expansion in productivity-increasing public services (Rivas 2003; European Economic...
Persistent link: https://www.econbiz.de/10003850899
Persistent link: https://www.econbiz.de/10008937776
It has been shown that higher capital taxes can have a growth-enhancing effect when combined with a revenue-compensating cut in wage taxes (Uhlig and Yanagawa 1996; European Economic Review 40, 1521–1540) or with an expansion in productivity-increasing public services (Rivas 2003; European Economic...
Persistent link: https://www.econbiz.de/10013155419