Showing 41 - 50 of 92,792
In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …
Persistent link: https://www.econbiz.de/10010295841
Agreement dismantling on unemployment in Tunisia. The specification of intertemporal behavior of households and firms permits … of efficiency wages, the model allows for an endogenous determination of unemployment. The main findings are that … unemployment and wage inequality will increase due to the MFA phase out, and that a deeper integration with the EU can soften the …
Persistent link: https://www.econbiz.de/10010296388
This paper demonstrates that insiders can erect barriers to entry and skim rents by sinking costs in human capital when labour markets are otherwise perfectly contestable. The sunk costs nature of human capital investments may result from the need to satisfy ever increasing specialised skill...
Persistent link: https://www.econbiz.de/10010297626
accompanied by high unemployment all through the '90s. Social policy expenditures, particularly targeted to the non-employed, grew … the private sector called for the establishment of an adequate social safety net. In this paper, unemployment dynamics …
Persistent link: https://www.econbiz.de/10010328495
Many countries around the world have large public pension programs with signif-icant cross-cohort redistribution. This paper provides a rationale for such programsin a lifecycle framework with search and matching frictions in the labor market. Inthe model, public pension programs alter the age...
Persistent link: https://www.econbiz.de/10009360849
Many countries around the world have large public pension programs. Traditionally, these programshave been used to induce retirement by the elderly in order to free up jobs for the young andto redistribute income across generations. This paper provides an efficiency rationale for the...
Persistent link: https://www.econbiz.de/10009418930
the lifecycle affects aggregate labor market activity, and in particular, unemployment. While much work has been done on … environment in which unemployment arises as a natural possibility and both young and old workers find themselves contemporaneously …
Persistent link: https://www.econbiz.de/10009418937
endogenous unemployment and wages. This means that the government needs to consider the effects on wages and unemployment when … designing the optimal tax function. The tax systems' effects on the wage formation and the unemployment rates result in new … marginal tax rates to raise the unemployment rate for the high-skilled and lower it for the low-skilled workers. …
Persistent link: https://www.econbiz.de/10010321541
severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10010321754
. Both marginal tax rates are of ambiguous sign. The tax systems' effects on the wage formation and the unemployment rates …
Persistent link: https://www.econbiz.de/10010321780