associated with high consumption value and low effort. This increases the skill mismatch and aggregate unemployment in the …

This papers revisits the normative properties of search-matching economies when workers have concave utility functions … unemployment insurance and lower levels of search intensity and output in the second setting. To decenralize these optima …-linear tax schedule and an appropriate level of unemployment benefits. According to the level of the bargaining power, taxation …

This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to the laissez-faire, gross wages, unemployment and participation are lower. Average tax rates are …

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …

market generate unemployment. Workers differ in productivity. The government does not observe workers’ productivity but only …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterised by economic …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … Disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment; and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterized by economic …