Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

-to-manage bargaining, which causes involuntary unemployment. …

-to-manage bargaining, which causes involuntary unemployment …

In order to alleviate unemployment it is often recommended to reduce social security contributions (SSC) and to … compensate for the ensuing loss in revenues by a rise in the value-added tax (VAT). Assuming unemployment to be caused by … neutralised, for example, by imposing a constant wedge, the employment impact will depend on the nature of the unemployment …