Showing 1 - 10 of 11,682
This paper employs MIMIC, an applied general equilibrium model of the Dutch economy, to explore various tax cuts aimed at combating unemployment and raising labor supply. MIMIC combines modern labor-market theories, a firm empirical foundation detailed description of Dutch labor-market...
Persistent link: https://www.econbiz.de/10012472120
The continuing adverse labor market effects of the Great Recession have intensified interest in policy efforts to spur job creation. In periods when labor demand and supply are in balance, either hiring credits or worker subsidies can be used to boost employment - hiring credits by reducing...
Persistent link: https://www.econbiz.de/10012461792
technologies which reduce the cost of pollution abatement. The innovating firm can patent this innovation and use a licensing fee … a pollution tax or a marketable permit. However, the returns to the innovator from innovation are not the same under the …
Persistent link: https://www.econbiz.de/10012462354
This paper studies the employment, productivity and welfare implications of new Chinese labor regulations intended to protect workers' employment conditions. We estimate a general equilibrium model of costly labor adjustment from data prior to the policy. Using the estimated parameters, we study...
Persistent link: https://www.econbiz.de/10012459337
Government policies that are not intended to address environmental concerns can nonetheless distort prices and affect firms' emissions. We present an analytical general equilibrium model to study the effect of distortionary subsidies on factor prices and on environmental outcomes. We model an...
Persistent link: https://www.econbiz.de/10012459737
In our analytical general equilibrium model where two polluting inputs can be substitutes or complements in production, we study the effects of a tax on one pollutant in two cases: one where both pollutants face taxes and the second where the other pollutant is subject to a permit policy. In...
Persistent link: https://www.econbiz.de/10012458333
of evidence links pollution with poor health, and health is an important part of human capital, efforts to reduce … pollution could plausibly be viewed as an investment in human capital and thus a tool for promoting economic growth. While a … handful of studies have documented the impacts of pollution on labor supply, this paper is the first to rigorously assess the …
Persistent link: https://www.econbiz.de/10012461654
We study the consequences of product and labor market reforms in a two-country model with endogenous producer entry and labor market frictions. We focus on the role of business cycle conditions and external constraints at the time of reform implementation (or of a credible commitment to it) in...
Persistent link: https://www.econbiz.de/10012456546
identification strategies used, critically assess strengths and weaknesses, discuss connections with theory, and draw out potential …
Persistent link: https://www.econbiz.de/10012456633
Our paper documents the large labor market wedges created by taxes, subsidies, and regulations included in the Affordable Care Act. The law changes terms of trade in both goods and factor markets for firms offering health insurance coverage. We use a multi-sector (intra-national) trade model to...
Persistent link: https://www.econbiz.de/10012458892