age pattern affects wages and (un)employment. We develop a general equilibrium model where wages for young and old workers … relative number of older workers for a given labor force size has no effect on young and old unemployment. If, however, unions … attach a higher weight to the wishes of the old, the unemployment rate of the old (young) will increase (decrease). In this …

Unemployment insurance experience rating imposes higher payroll tax rates on firms that have laid off more workers in … unemployment with heterogeneous firms and realistic UI financing. The model predicts that higher experience rating reduces both job ….4%. While the unemployment rate falls on average by .21 percentage points, the effect on tax revenues is ambiguous. The model …

International comparisons show that countries with co-ordinated wage setting generally have lower unemployment than … circumstances a passive regime may induce co-operation in wage setting, and thus lower unemployment, when a stricter regime would …

increases unemployment because firms with the least powerful labor unions have to leave the market. …

of firms, implying a reduction of the unions' expected bargaining power. Moreover, union heterogeneity constitutes an (un)employment … liberalization will increase (decrease) unemployment. …

increases unemployment because firms with the least powerful labor unions have to leave the market. …