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Unemployment, factor substitution, and capital formation
Kaas, Leo; Thadden, Leopold von - 2001
We incorporate a wage bargaining structure in a dynamic general equilibrium model and show how this feature changes short and long-run properties of equilibria compared with a perfectly competitive setting. We discuss how employment, capital, and income shares respond to wage setting shocks and...
Persistent link: https://www.econbiz.de/10011419073
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The Geometry of Finite Equilibrium Datasets
Balasko, Yves - 2009
We investigate the geometry of finite datasets defined by equilibrium prices, income distributions, and total resources. We show that the equilibrium condition imposes no restrictions if total resources are collinear, a property that is robust to small perturbations. We also show that the set of...
Persistent link: https://www.econbiz.de/10013160524
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Exponential Income Distribution and General Equilibrium Growth : A Survey for the United Kingdom
Tao, Yong - 2019
distribution has a linear relationship with unemployment compensation. In this paper, we test this relationship for the United … obeys exponential distribution, in which the fitting parameter μ is exactly in line with the evolution of unemployment …
Persistent link: https://www.econbiz.de/10012867669
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Nickel and Dimed German Style: The Working Poor in Germany
Haisken-DeNew, John P.; Schmidt, Christoph M. - 2009
Using data from the German SOEP, this paper analyses whether there have been (a) any significant changes in poverty rates and poverty intensities before and after the Hartz IV reforms and (b) whether there have been observable changes in the effect of employment in reducing the threat or...
Persistent link: https://www.econbiz.de/10010265803
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A vibrant European labor market with full employment
Ritzen, Jozef M. M.; Zimmermann, Klaus F. - In: IZA journal of European Labor Studies 3 (2014) 10, pp. 1-24
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, income inequality is reduced and the economies are more sustainable. We call this scenario "vibrant". It is contrasted with what would happen if present policies continue within the European Union...
Persistent link: https://www.econbiz.de/10010533168
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A vibrant European labor market with full employment
Ritzen, Jozef M. M.; Zimmermann, Klaus F. - 2013
We sketch a visionary strategy for Europe in which full employment is quickly regained by 2020, where income inequality is reduced and the economies are more sustainable. We name this scenario “vibrant.” It is contrasted with what would happen if present policies continue within the European...
Persistent link: https://www.econbiz.de/10010227788
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South Africa : Labor Market Dynamics and Inequality
Anand, Rahul - 2016
This paper analyzes the determinants of high unemployment in South Africa by studying labor market dynamics using … on unemployment. The paper also explores the contribution of unemployment towards inequality. Reducing unemployment is … found to be important for reducing inequality - estimates suggest that a 10 percentage point reduction in unemployment …
Persistent link: https://www.econbiz.de/10012977829
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Nickel and Dimed German Style: The Working Poor in Germany
Haisken-DeNew, John P.; Schmidt, Christoph M. - Rheinisch-Westfälisches Institut für … - 2009
Using data from the German SOEP, this paper analyses whether there have been (a) any significant changes in poverty rates and poverty intensities before and after the Hartz IV reforms and (b) whether there have been observable changes in the effect of employment in reducing the threat or...
Persistent link: https://www.econbiz.de/10005024331
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A Non-Parametric Microsimulation Approach to Assess Changes in Inequality and Poverty
Vos, Rob; Sánchez, Marco V. - Department of Economic and Social Affairs, United Nations - 2010
This paper presents a non-parametric microsimulation methodology for assessing the determinants of changes in income inequality and poverty. One great advantage of this method over alternatives is that it is not very demanding in terms of modelling labour supply and household behaviour while...
Persistent link: https://www.econbiz.de/10008529202
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Taxation under oligopoly in a general equilibrium setting
Collie, David R. - 2015
Taxation under oligopoly is analysed in a general equilibrium setting where the firms are large relative to the size of the economy and maximise the utility of their shareholders. It turns out that the model is an aggregative game, which simplifies the comparative statics for the effects of...
Persistent link: https://www.econbiz.de/10011471542