impeded by the system of social assistance. As a consequence, unemployment increased. …

impeded by the system of social assistance. As a consequence, unemployment increased. …

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment … European unemployment rates observed during the seventies. The explanation given is that even if the unemployment rate would … job creation remains low making the return to a low unemployment rate impossible. The paper shows that in some cases …

This paper develops a model with multiple steady states (low tax and unemployment rate versus high tax and unemployment … unemployment rates observed during the seventies. The explanation given is that even if the unemployment rate would decrease it can … remains low making the return to low unemployment rates impossible. The paper shows that in some cases transition to the low-unemployment …

replacement rates or initial tax rates are high, while no increase in unemployment occurs when institutions are "employment …This paper explains the divergent behavior of European an US unemployment rates using a job market matching model of … the labor market with an interaction between shocks an institutions. It shows that a reduction in TF growth rates, an …

This paper investigates unemployment and labour market rigidities in OECD countries in 1983-1994. The central issue is … the taxation-unemployment relationship and whether this relationship is exogenous or simultaneously determined. Hausman … specification tests indicate that the impact of taxation on short-term unemployment is positive and exogenous whereas the …