equilibrium unemployment
Equilibrium Unemployment and Credit Market Imperfections: The Critical Role of Labour Mobility
... The presence of a performance-related wage component in the form of profit sharing has been shown to be a necessary condition for the relationship between the competi- tiveness of the credit market and equilibrium ...
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Equilibrium Unemployment with Credit and Labour Market Imperfections
... librium unemployment through the mechanism of rent formation, but not through the impact on the wage elasticity of ...on equilibrium unemployment, in particular if the unemployment benefits ...
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Equilibrium unemployment as a worker insurance device Wage setting in worker owned enterprises
... incompleteness, unemployment can be interpreted as a worker discipline ...non-zero equilibrium unemployment are paid to dissuade workers from ...lower unemployment and ...
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Matching Models of Equilibrium Unemployment: An Overview
... of equilibrium unemployment – ...of unemployment (Hagedorn and Manovskii, ...of equilibrium unemployment and vacancies is in fact the Mortensen-Pissarides model, which explains the ...
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Labor Tax Reform and Equilibrium Unemployment: A Search and Matching Approach
... The second aim of the paper is to study whether the form of taxation—that is, specific versus ad valorem taxes—matters to its qualitative effect on wages and employment. In perfectly competitive markets the distinction ...
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Temporary work agencies and equilibrium unemployment. CES Germany & Europe Working Paper no. 02.6, 2002
... an equilibrium unemployment model, as in Di- amond (1981), Mortensen (1982), and Pissarides (1990) with temporary agency work in order to focus on its role as a matching intermediary and its aggregate ...
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The Cyclical Volatility of Equilibrium Unemployment and Vacancies: Evidence from Italy
... of equilibrium unemployment, a number of scholars become active in testing the soundness of the unemployment volatility puzzle even outside the US ...of unemployment and vacancies in ...
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Structural Estimates of Equilibrium Unemployment in Six OECD Economies. ENEPRI Working Paper No. 22, July 2003
... If we compare the estimates of the wage curve with (part of) the existing evidence, we find some interesting similarities and differences. Table 3.2 presents a survey of these results. In the early 1990s, Drèze and Bean ...
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A Simple Theory of Optimal Redistributive Taxation with Equilibrium Unemployment
... Our simple model postulates that the unemployed get no income. This as- sumption is not consistent with the fact that the government aims at redis- tributing to the poor. It is therefore necessary to introduce ...
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A "Simple" Currency Union Model with Labor Market Frictions, Real Wage Rigidities and Equilibrium Unemployment
... on unemployment, both at the country level and at the union ...- unemployment in our ...therefore unemployment does not vary as much as it would in a more ‡exible economy 8 ...smaller ...
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Search Frictions, Efficiency Wages and Equilibrium Unemployment
... involuntary unemployment co-exist; he uses a pure search frictions model based on a bargaining approach to wage determination with real wage rigidity, rather than an e ffi ciency wage model, to construct time ...
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A Simple Theory of Optimal Redistributive Taxation with Equilibrium Unemployment
... Finally, we expose some potential extensions. First, a dynamic model would enable to introduce earning-related unemployment insurance. Hence, one can expect that a “dynamic optimal taxation”version (à la Golosov ...
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Understanding the Welfare Effects of Unemployment Insurance Policy in General Equilibrium
... in unemployment insurance benefits in three general equilibrium incomplete market ...uninsurable unemployment risk, can save in an interest-bearing asset, and face a borrowing ...to ...
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A New Search-and-Matching Computable General Equilibrium Model: Progressive Consumption Taxation and Unemployment Equilibrium Effects on Growth, Unemployment, and Incidence
... to unemployment ratio, known as market ...to unemployment ratio, that is a high market tightness, increases firms mutual congestion to choose their best match but reduces the congestion of individuals who ...
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Perspectives on Unemployment from a General Equilibrium Search Model
... the unemployment rates. The total unemployment rate rises by 4 per cent when bene Þ ts are $760 per fortnight (γ = ...voluntary unemployment rates. The increase of the spell of unemployment is ...
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Unemployment and Inheritance Linkage: A Dynamic General Equilibrium Analysis
... generated unemployment following Pissarides type ...established equilibrium unemployment in that set up along with the concept of unorganized ...with unemployment in a general ...
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Unemployment accounts
... UA work as follows. During employment, the worker is mandated to save a fraction of her labor income in an individual saving account. The worker is entitled to withdraw payments as a fraction of her last earnings (a ...
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Unemployment of Punjab
... With the growth of technology and specialization, he needs much more capital with which to engage in the productive activity. If he is an agriculturist, he needs a piece of land and also a plough, a pair of oxen, seeds ...
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The economic and social consequences of unemployment and long term unemployment
... Appendix C: Summary statistics Table C.5.1: Summarv statistics for mim Whole sample No vote No car Homeless Unemployed Problems writing No phone Alcohol problems Arrears Teenagemother Fa[r] ...
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Female Employment and Unemployment (Employment and Unemployment) 1 1984
... The progress of women on the labour market is one of the most striking developments in social statistics: The proportion of economically active women in the female population of 15 to 64[r] ...
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