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This paper studies the impact of an increase in the enforcement of labor regulations on unemployment and inequality … workers) leads to: higher unemployment, less income inequality, a higher proportion of formal employment, and a lower formal … supply to the informal sector. -- Enforcement ; labor regulations ; inequality ; unemployment ; informal sector …
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We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The … robustness of these properties is also discussed. -- Optimal income taxation ; unemployment ; matching …
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The Japanese labor market displays U-shaped unemployment and separation rates, and declining job-finding rates as … the unemployment and finding rates similar in magnitude to those observed in Japan since the 1980s. …
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The trend towards labor market flexibility in Europe has typically involved introducing legislation that makes it easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in place for permanent jobs. This has created a strong...
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