We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour … market regime, simulations for Germany show that labour tax policies can make only a small contribution to alleviating the … problem of persistent unemployment. …

We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour … market regime, simulations for Germany show that labour tax policies can make only a small contribution to alleviating the … problem of persistent unemployment. …

bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …

bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …

levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real … wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the …

broad-based income tax, have six times as large an effect on unemployment as untargeted reductions, while employee social …