Showing 1 - 10 of 142
Combining a spatial equilibrium model with a matching unemployment model, this paper analyzes the regional quality of … life when wages, rents, and unemployment risk compensate for local amenities and disamenities. In particular, the paper … shows for quasi-linear utility that the effects of any amenity on wages and unemployment rates are of opposite sign …
Persistent link: https://www.econbiz.de/10010546957
This paper reviews the evidence on welfare time limits in the United States. It primarily refers to experimental and econometric evaluations. Time limits affect welfare recipients both before and after their limits are reached. Time limits reduce welfare receipt and increase employment before...
Persistent link: https://www.econbiz.de/10005406156
Conventional models of equilibrium unemployment typically imply that proportional taxes on labor earnings are neutral … with respect to unemployment as long as the tax does not affect the replacement rate provided by unemployment insurance, i ….e., unemployment benefits relative to after-tax earnings. When home production is an option, the conventional results may no longer …
Persistent link: https://www.econbiz.de/10005406344
unemployment. Labor market regulations, unemployment benefits, and high levels of public consumption in many European countries …
Persistent link: https://www.econbiz.de/10011205377
We use data about job search and work preferences, typically collected in a Labour Force Survey, in order to construct an indicator of .choosiness. of the supply of job-seekers. The method for obtaining the indicator, first at individual level and then at aggregate levels, is based on results...
Persistent link: https://www.econbiz.de/10005765669
The paper develops an equilibrium search and matching model where two-person families as well as singles participate in … receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …
Persistent link: https://www.econbiz.de/10008596606
educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …
Persistent link: https://www.econbiz.de/10005766172
two-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers search for jobs … unemployment. A higher audit rate has an ambiguous impact on unemployment, and may actually increase the size of the underground …
Persistent link: https://www.econbiz.de/10005766198
Theoretical work on indexation and contract duration suggests no role for the expected rate of inflation in equations … explaining these variables. Yet, stand-alone or two-equation studies of indexation and contract duration often report that this … duration and indexation decisions and offer a context within which earlier findings can be understood. In this three …
Persistent link: https://www.econbiz.de/10005094416
In this paper, we see how much the average monthly frequency of price changes ties down the behavior of firms in steady-state in terms of the average length of price-spells across firms. We use the UK CPI data at the aggregate and sectoral level and find that the actual mean is about twice the...
Persistent link: https://www.econbiz.de/10010643337