capital and labor based on administratively set minimum wages rather than an imputed return to book assets.  This paper … shift would also raise the tax burden of skilled labor-intensive industries more than it would that of capital …

public capital and expected fiscal adjustments to deficit-financed spending. Implementation delays can produce small or even … matter both quantitatively and qualitatively for long-run growth effects. When public capital is insufficiently productive …

of the population. This paper develops a model of intra-and inter-generational transfers and human capital formation …

relates average unemployment to average wage inflation; the curve is virtually vertical for high inflation rates but becomes …, at low inflation. Fourth, when inflation decreases, volatility of unemployment increases whereas the volatility of … inflation decreases: this implies a long-run trade-off also between the volatility of unemployment and that of wage inflation. …

-specific determinants, such as human capital proxies and length of unemployment spell. The longitudinal dataset provides an interesting … macroeconomic factors--including the unemployment rate and generosity of the unemployment compensation system--as well as individual … unemployment to employment. The findings shed light on the disincentive effects of the German tax and transfer system for the …

unemployment, and end up being circumvented by informal contracts. This paper uses Brazilian microeconomic data to show that the … could have contributed to the ensuing higher rates of unemployment in the country. Moreover, the paper shows that states …