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, 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
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
suggests that labor wage taxation increases the rate of unemployment. Using the right-to-manage model, it becomes clear that an … increase in premiums for labor wages actually leads to increased unemployment rates. Furthermore, I argue that by decreasing … premiums and introducing consumption tax for basic pension, the rate of unemployment will decrease. However, the study revealed …
Persistent link: https://www.econbiz.de/10005710081
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
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …
Persistent link: https://www.econbiz.de/10005136538
Finnish unemployment rose in the early 1990s from 3% to 18% in just four years. It has since fallen back to the average … unemployment. We then discuss and research the role of labour market institutions in the adjustment process that has brought … unemployment back to a ‘normal’ level. We argue that these institutions cannot be blamed for the increase in unemployment, but that …
Persistent link: https://www.econbiz.de/10005423691
to accept a low wage in order to reduce the probability of unemployment, but less willing to lower the real wage if labor … unemployment and increases real and nominal wage rigidity. …
Persistent link: https://www.econbiz.de/10005423813
We consider a theoretical model in which unions not only take the outside option into account, but also base their wage …
Persistent link: https://www.econbiz.de/10010570796
lowers the low-skilled unemployment rate and has a positive effect on output per capita; (iii) migration of only medium …This paper analyses the impact of the skill composition of migration flows on the host country’s labour market in a … paid to medium-skilled migration which enables us to augment the literature by replicating important stylized facts …
Persistent link: https://www.econbiz.de/10010712200
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