Showing 1 - 10 of 536
its strength and weakness, discuss its connections with theory, and draw out potential policy implications of its findings …
Persistent link: https://www.econbiz.de/10012997459
We derive a sufficient statistics optimal tax formula in a general model that incorporates unemployment and endogenous … wages, to study the shape of the tax and transfer system at the bottom of the distribution. The sufficient statistics are … resembles a Negative Income Tax than an Earned Income Tax Credit relative to the case where unemployment and wage responses are …
Persistent link: https://www.econbiz.de/10012999019
Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … rather than wages, at odds with the quantitative predictions of the canonical search model – even if wages are only … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …
Persistent link: https://www.econbiz.de/10012999021
We estimate the changes in US male labor market risk over the last three decades in a model of endogenous labor supply and job mobility. Across education groups permanent shocks to productivity have become more dispersed. Moreover, heterogeneity in pay across offered jobs has increased for...
Persistent link: https://www.econbiz.de/10012966057
of in-work benefits on search intensity, participation, employment, and unemployment, compared to a framework in which … wages are fixed. We also account for the financing of these benefits and determine the level of benefits necessary to …
Persistent link: https://www.econbiz.de/10013130454
reservation wages. To be specific, we model the duration of unemployment, reservation wages and expected wages simultaneously for …In this paper we analyse the role of wage expectations in an empirical model of incomplete spells of unemployment and … based on the British Household Panel Survey, suggest that WFTC eligibility served to increase expected wages and that …
Persistent link: https://www.econbiz.de/10012764695
Estimates of union wage effects have been challenged due to concerns over unobserved worker heterogeneity and endogenous job changes. Many believe that union wage premiums lead to business failures and other forms of worker displacement. In this paper, displacement rates and union wage gaps are...
Persistent link: https://www.econbiz.de/10012858501
vacancies. Job flexibility at low wages is more likely to be offered alongside a wage-contract that exposes workers to earnings … risk, while flexibility at higher wages and in more skilled occupations is more likely to be offered alongside a fixed … point increase in the proportion of flexible and non-salaried vacancies at low wages …
Persistent link: https://www.econbiz.de/10012822870
market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and …
Persistent link: https://www.econbiz.de/10012911182
wages and employment stability. Our rich administrative data allow us to evaluate the importance of providing unemployment …We analyze the effect of automation and offshorability on unemployment duration and post-unemployment outcomes such as … find re-employment, our results show that offshorability (but not automation) affects future job duration and wages …
Persistent link: https://www.econbiz.de/10012912236