unemployment rate - into a short-term and a long-term component. While short-term unemployment might not result in additional … workers on a large scale, long-term unemployment reduces household income more, increasing the need for additional income. On … are available, distinguishing between short-term and long-term unemployment reveals discouragement effects. …

unemployment that are noticeable but still relatively limited. The effect on short-time work, on the other hand, is revealed to be …

reform on wages and unemployment. The simulation results show that general equilibrium wage reactions tend to mitigate labour …

, 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 …

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 … ; unemployment …

production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment …. -- Computable general equilibrium model ; labour market ; labour supply ; labour demand ; microsimulation ; involuntary unemployment …