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broad-based income tax, have six times as large an effect on unemployment as untargeted reductions, while employee social …
Persistent link: https://www.econbiz.de/10014055584
various tax rates lead to lower budget deficits in the long run, as a result of an expanding tax base and lower unemployment …
Persistent link: https://www.econbiz.de/10014401626
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
As a bottom-up approach, a Job Guarantee policy can tackle the issue of unemployment on the macroeconomic … case of Germany. A Job Guarantee's impact on inflation depends on excess production capacities of economic sectors as well … inflationary pressure is no major obstacle. Strengthening workers' bargaining power in Germany through a Job Guarantee policy could …
Persistent link: https://www.econbiz.de/10012301007
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
Persistent link: https://www.econbiz.de/10001541875
The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …
Persistent link: https://www.econbiz.de/10012228061
have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …
Persistent link: https://www.econbiz.de/10010498540
In many European countries, labor markets are characterized by high regional disparities in terms of unemployment rates …
Persistent link: https://www.econbiz.de/10011295550
Persistent link: https://www.econbiz.de/10011823548