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Persistent link: https://www.econbiz.de/10012230834
To examine the macro economic effects of government tax and punishment policies, this paper develops a three-sector general quilibrium model featuring matching frictions, heterogenous abilities and an informal sector with tax evasion. The choice of education is determined endogenously. Job...
Persistent link: https://www.econbiz.de/10011575188
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social … multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in …
Persistent link: https://www.econbiz.de/10011571920
educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …
Persistent link: https://www.econbiz.de/10010270561
Welfare benefits in the Nordic countries are often tied to employment. We argue that this is one of the factors behind the success of the Nordic model, where a comprehensive welfare state is associated with high employment. In a general equilibrium setting, the underlining mechanism works...
Persistent link: https://www.econbiz.de/10010291388
in-work benefits on search intensity, participation, employment, and unemployment,compared to a framework in which wages …
Persistent link: https://www.econbiz.de/10009360547
While examining the macroeconomic effects of government tax and punishment policies, this paper develops a three-sector general equilibrium model featuring matching frictions and worker-firm wage bargaining. Workers are assumed to differ in ability, and the choice of education is determined...
Persistent link: https://www.econbiz.de/10010321585
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the social and psychological costs of unemployment depend upon the unemployment level. The theoretical … analysis reveals social multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24 …
Persistent link: https://www.econbiz.de/10010321622
Persistent link: https://www.econbiz.de/10000984682
Persistent link: https://www.econbiz.de/10001322156