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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
workers decreases the low-skilled unemployment rate under endogenous benefits; (ii) migration of only medium skilled labor has …This paper analyzes the impact of the skill composition of migration flows on the host country's labor market in a … interdependency between the two bargaining processes. Particular attention is paid to medium-skilled migration, which enables us to …
Persistent link: https://www.econbiz.de/10010323801
The long-term equilibrium unemployment rate has returned to the center of the economic debate in France. It derives … compute a long-term equilibrium unemployment rate that depends, in France, on the terms of trade, the employer social …
Persistent link: https://www.econbiz.de/10009003493
The Finnish unemployment rose in the early 1990's from three to eighteen percent in four years. Unemployment has then … this unforeseen increase in unemployment. We then discuss the role of labour market institutions in the adjustment process … that has brought unemployment back to 'normal' levels. We argue that these institutions cannot be blamed for the increase …
Persistent link: https://www.econbiz.de/10001748397
in the initial conditions. The effect of the initial unemployment rate is particularly strong. The higher initial … unemployment. the higher optimal tax progressivity. Another important driver is the general tax level. High taxes in the initial …
Persistent link: https://www.econbiz.de/10014201134
the outcome of long-term unemployment which is the result of changing the nation’s socio-eco-political environment …
Persistent link: https://www.econbiz.de/10014202780
The paper suggests a channel through which past expectations affect current wage aspirations, leading to real wage rigidity. Expectations have a long-run impact on the composition of consumption because they determine the purchase of durables. Due to adjustment costs, moderate changes in income...
Persistent link: https://www.econbiz.de/10014116797
, 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/10013142210
, 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 … ; tax progressivity ; optimal taxation ; collective wage bargaining ; unemployment ; microsimulation ; computable general …
Persistent link: https://www.econbiz.de/10003969884
migration-induced supply shock of medium-skilled workers decreases the low-skilled unemployment rate because of the endogenous …This paper analyses the impact of the skill composition of migration flows on the host country's labour market in a … interdependency between the two bargaining processes. Particular attention is paid to medium-skilled migration which enables us to …
Persistent link: https://www.econbiz.de/10010219984