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severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10005779749
severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10005196920
unemployment has a weak positive effect on the probability of filling a vacancy, while the number of vacancies in the local labor …
Persistent link: https://www.econbiz.de/10010699694
should be more prevalent, when layoff is not so costly for the worker, due to high unemployment benefits or short duration of … unemployment spells. …
Persistent link: https://www.econbiz.de/10005644546
discrimination, such as the searchers’ ethnicity, gender, age and employment status, affect the number of contacts they receive from … nobserved heterogeneity better than most existing studies of discrimination. We find that, even when we control for other …
Persistent link: https://www.econbiz.de/10005190472
changed. Both marginal tax rates are of ambiguous sign. The tax systems' effects on the wage formation and the unemployment …
Persistent link: https://www.econbiz.de/10005190471
endogenous unemployment and wages. This means that the government needs to consider the effects on wages and unemployment when … designing the optimal tax function. The tax systems’ effects on the wage formation and the unemployment rates result in new … marginal tax rates to raise the unemployment rate for the high-skilled and lower it for the low-skilled workers. …
Persistent link: https://www.econbiz.de/10005644539
and "services" are produced both in the market and within the households. We use the model to examine how unemployment and … services reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower …
Persistent link: https://www.econbiz.de/10005644588
and "services" are produced both in the market and within the households. We use the model to examine how unemployment and …
Persistent link: https://www.econbiz.de/10005634566
A vast literature has investigated how unemployment insurance (UI) affects labor supply. However, the distorting effect … deterministic relationship between previous earnings and unemployment benefits. The ran domized assignment of benefits created by … the kink allows me to identify how UI affect the use of private wealth to finance consumption during unemployment spells …
Persistent link: https://www.econbiz.de/10009131576