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with persistent unemployment arises. …
Persistent link: https://www.econbiz.de/10010332415
We develop a growth model with unemployment due to imperfections in the labor market. In this model, wage inertia and …
Persistent link: https://www.econbiz.de/10010276428
by investments in R&D performed in the high-wage sector. Unemployment is determined by the costs and benefits of waiting … for a high-paid job. The wage structure, growth, and unemployment are shown to depend on the way effort is extracted. …
Persistent link: https://www.econbiz.de/10010324907
constant rate which is the higher, the lower are the labour tax rate and the unemployment rate. Both government Ponzi games and …, an increase in the debt-to-capital ratio is accompanied by higher taxes, a rise in unemployment and lower economic growth. …
Persistent link: https://www.econbiz.de/10010263397
The paper analyzes the comparative effects of alternative health financing mechanisms on economic growth within a two-sector model with human capital. The transitional growth effects of a social insurance system are stronger than those of an out-of-pocket payment system. A private health...
Persistent link: https://www.econbiz.de/10011918480
How does technical progress affect long-term unemployment in a small open economy? This relationship is evaluated in an … generated and influence the unemployment duration and the fraction of long-term unemployment negatively. Additionally, the model … sowohl die Dauer der Arbeitslosigkeit als auch die Langzeitarbeitslosigkeit negativ. In dem Modell wird zusätzlich gezeigt …
Persistent link: https://www.econbiz.de/10010295494
How can long-term unemployment be reduced by policy measures of the government? In this paper a growth …-matching-model is developed, in which the unemployment pool consists of heterogeneous unemployed workers, short-term and long … substitution and an income effect long-term unemployment can be reduced. Since the positive substitution effect implied by …
Persistent link: https://www.econbiz.de/10010295581
How does technical progress affect long-term unemployment? The relationship between long-term unemployment and the rate … qualification-mismatch effect, increasing technological progress has adverse implications for long-term unemployment. Furthermore … favorable or less favorable for long-term unemployment depending on whether the creative destruction effect or the …
Persistent link: https://www.econbiz.de/10010295584
An identical two-sector productivity shock causes Rybczynski (1955) and Stolper and Samuelson (1941) effects that release leisure time and initially raise the relative price of human capital investment so as to favor it over goods production. Modified by having the household sector produce human...
Persistent link: https://www.econbiz.de/10010494483
most likely responsible for a considerable part of European unemployment. …
Persistent link: https://www.econbiz.de/10010300409