In economies with competitive labour markets social policies harm employment and output. In Europe, in particular, non … such as progressive taxation or facilitating corporatism may well induce wage moderation and boost employment and output … better off and thus votes for less 'populist' policies. Hence, employment and economic growth will be higher and inflation …

-economy business cycles tend to be shallower in advanced economies than in EMDEs. Informal employment in both advanced economies and …

The aim of this paper is to analyse the possible trade-off between employment and productivity using panel data on … that there is a trade-off between employment and productivity. …

This paper evaluates the effects of a fall in payroll taxes on employment and wages in the presence of high labor … formality. The model suggests that the reform would increase total employment by between 0.3 to 0.5 percent and formal … employment by between 3.4 to 3.7 percent over the pre-reform scenario. In addition, formal wage rates would increase by 4 …