Showing 1 - 10 of 10
Adding generous government supplied benefits to Prescott's (2002) model with employment lotteries and private consumption insurance causes employment to implode and prevents the model from matching outcomes observed in Europe. To understand the role of a 'not-so-well-known aggregation theory'...
Persistent link: https://www.econbiz.de/10005666543
The paper assesses characteristics of labour taxation, employment and unemployment rate in the OECD and in the EU … Member States and analyses relationship between tax wedge and labour market outcomes, i.e., employment and unemployment rate … the EU OECD countries. Moreover, with regard to employment and unemployment rate, OECD and EU Member States can be …
Persistent link: https://www.econbiz.de/10010668625
determined by the overall unemployment rate. It is argued both on analytical and numerical grounds that the second alternative is …
Persistent link: https://www.econbiz.de/10010298106
the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …
Persistent link: https://www.econbiz.de/10010299470
, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …
Persistent link: https://www.econbiz.de/10010300518
, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …
Persistent link: https://www.econbiz.de/10008568596
This paper analyses the effect of labour taxes on Euro area unemployment. Empirical estimates obtained so far can be … area unemployment, we find a significant tax effect that is in the middle of the estimates that can be found in the … empirical literature. This study gives support to the view that lowering labour taxes can help to reduce unemployment in …
Persistent link: https://www.econbiz.de/10008577522
the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …
Persistent link: https://www.econbiz.de/10008469766
determined by the overall unemployment rate. It is argued both on analytical and numerical grounds that the second alternative is …
Persistent link: https://www.econbiz.de/10005097484
determined by the overall unemployment rate. It is argued both on analytical and numerical grounds that the second alternative is …
Persistent link: https://www.econbiz.de/10011447194