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This paper analyses a model of overlapping generations in which agents who do notparticipate in the labor market are unable to borrow. Thus an increase in a fullyfunded pension raises aggregate savings even with a fixed participation rate, sinceprivate savings are not crowded out one-for-one....
Persistent link: https://www.econbiz.de/10005868936
some of the immigrants were in greater proportion in such jobs. Overtime, unemployment inequality has become significant …
Persistent link: https://www.econbiz.de/10005868558
data from the UK (JUVOS) for the analysis of unemployment duration. Variantsof the JUVOS are used by the labour … administration and the research community as animportant source for the analysis of unemployment. While previous work has mentioned …
Persistent link: https://www.econbiz.de/10005868566
individual-specific costs of seeking work abroad. We explore the effects on equilibrium unemployment and population in each … and lower taxation reduce both local and foreign unemployment and induce net immigration. If unions take account only of … global unemployment... …
Persistent link: https://www.econbiz.de/10005868924