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the level of the profit tax. The question of wheather there is unemployment or not turns out to be less important. …
Persistent link: https://www.econbiz.de/10010297783
Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …
Persistent link: https://www.econbiz.de/10010292036
unemployment. As long as the labour tax rate exceeds the energy tax rate, such a reform will increase employment, reduce the … reduction in unemployment is welfare increasing since energy, which the country has to buy at its true national opportunity cost …
Persistent link: https://www.econbiz.de/10010285164
By focusing on the Italian experience, we ask whether the relationship between labour taxes and unemployment varies … stronger in the highly industrialised North than in the underdeveloped South, where unemployment is much higher. An important … source of variation in the regional responsiveness of unemployment originates from the fact that regional gross wages in the …
Persistent link: https://www.econbiz.de/10011608786
the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …
Persistent link: https://www.econbiz.de/10010299470
, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …
Persistent link: https://www.econbiz.de/10010300518
It is well known from the literature that a unionisation of labour markets leads to an increase in wages and a decrease in employment. However, in these models human capital formation is usually taken as given. This paper internalises the education decision and shows that a unionisation of the...
Persistent link: https://www.econbiz.de/10010427355
setting, and a fixed exchange rate implies wage rigidity and involuntary unemployment. The long run effects on instantaneous …
Persistent link: https://www.econbiz.de/10011967955
-tradable sector and features unemployment in general equilibrium. Firms in both sectors use labour and an imported polluting factor of … production ("energy"). A tax on energy, recycled to reduce the payroll tax, will in general affect equilibrium unemployment in …
Persistent link: https://www.econbiz.de/10011608279
This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market institutions in an otherwise standard general equilibrium framework. There are sectoral wage negotiations for two skill types of workers between firms and trade unions. The...
Persistent link: https://www.econbiz.de/10010298083