The paper studies simple strategies of labor tax reform in a search and matching model of the labor market featuring … endogenous labor supply.Changing the composition of the tax wedge|that is, reducing a payroll tax and increasing a progressive … wage tax such that the marginal tax wedge remains unaffected|increases employment, reduces the equilibrium unemployment …

We present a theoretical and empirical analysis of different types of active labor market policies (ALMP).In our … empirical analysis we use data on 20 OECD countries covering the time period 1985-1999.We find that labor market training is the … most effective program to bring down unemployment.Public employment services have some impact while subsidized jobs are not …

rate.The labor market friction, on the other hand, a.ects unemployment in the short- and long-run but has only a short …Numerous researchers have incorporated labor or credit market frictions within simple neoclassical models to (i … generations model with production in which a labor market friction (moral hazard) coexists along with a credit market friction …

The development of the unemployment rate di¤ers substantially between OECD countries.In this paper we investigate to … what extent these differences are related to labor market institutions.In our analysis we use data of eighteen OECD …

among firms affects simultaneously growth and unemployment. On the one hand, an increase of the elasticity of substitution …

labor supply and equilibrium unemployment in representative agent models.The impact of tax policy on labor market … unemployment benefits.In non-competitive labor markets, employment declines if a higher tax burden makes the outside option (i …, such as cutting unemployment, stimulating the participation of secondary workers into the labor force, raising the quality …

that such rules are cost monotonic and induce also population monotonic allocation schemes.Another characteristic of …

delivers a population monotonic allocation scheme.A conewise positive linearity property is one of the basic ingredients of an …