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What are the impacts of labor tax reform on wage setting and employment to keep therelative tax burden per low-skilled and high-skilled workers constant in the case ofheterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor andperfect competition in high-skilled labor...
Persistent link: https://www.econbiz.de/10009360617
We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment …
Persistent link: https://www.econbiz.de/10005859632
We present a structural framework for the evaluation of public policies intended to increasejob search intensity. Most of the literature defines search intensity as a scalar that influencesthe arrival rate of job offers; here we treat it as the number of job applications that workerssend out....
Persistent link: https://www.econbiz.de/10005861860
This chapter assesses how models with search frictions have shaped our understanding of aggregatelabor market outcomes in two contexts: business cycle fluctuations and long-run (trend) changes. Wefirst consolidate data on aggregate labor market outcomes for a large set of OECD countries. We...
Persistent link: https://www.econbiz.de/10005870309
The mild response of the German labor market to the worst global recession in post-warhistory appears as an economic miracle. In response to the crisis, Germany has shown to bea strong case of internal flexibility. We argue that important factors that have contributed tothis development include...
Persistent link: https://www.econbiz.de/10009486981
interact to determine unemployment by estimating a dynamicpanel model using the system generalized method of moments (GMM). We … well as decreased banking concentration reduce unemployment ifthe level of labour market regulation, union density and …
Persistent link: https://www.econbiz.de/10009360503
We explore whether finance influences the impact of labour market institutions onunemployment. Using a data set of 18 …
Persistent link: https://www.econbiz.de/10009360534
regulations leadto a simultaneous reduction in informality and unemployment. The difference between thesetwo policy options lies …
Persistent link: https://www.econbiz.de/10009360540
unemployment insurance, when thelatter is only imperfectly related to search effort. A balanced social insurance budget …
Persistent link: https://www.econbiz.de/10009360583
use a New Keynesian model with unemployment to predict the effects ofdifferent labor market institutions on macroeconomic …This paper analyzes the effects of different labor market institutions on inflation and outputvolatility. The eurozone … labor market institutions have a large effect on output volatility, they donot seem to have much of an effect on inflation …
Persistent link: https://www.econbiz.de/10009360591