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  • Articles  (9)
  • unemployment  (9)
  • Springer  (9)
  • Blackwell Publishing Ltd
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  • 2010-2014
  • 1995-1999  (9)
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  • 1999  (9)
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  • Articles  (9)
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  • Springer  (9)
  • Blackwell Publishing Ltd
  • Copernicus
  • Elsevier
  • International Union of Crystallography
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  • 2010-2014
  • 1995-1999  (9)
  • 1960-1964
  • 1950-1954
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  • 1
    Electronic Resource
    Electronic Resource
    Springer
    Empirical economics 24 (1999), S. 173-180 
    ISSN: 1435-8921
    Keywords: Key words: Inequality ; consumption ; inflation ; unemployment ; JEL classifications: D31 ; D12 ; E32
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract. Using Consumer Expenditure Survey data, we obtain summary measures of the distributions of income and consumption for each quarter between 1980 and 1994. We find that the trends in the distribution of income and consumption and the response of these trends to changes in inflation and unemployment were similar during this period. We find that unemployment does not significantly affect the inequality measures and that inflation has a progressive effect, i.e., that a decrease in inflation is associated with an increase in inequality. Finally, we find that the relationship between inequality and macroeconomic variables during the 1990s may be similar to the relationship that existed prior to 1980.
    Type of Medium: Electronic Resource
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  • 2
    Electronic Resource
    Electronic Resource
    Springer
    Environmental and resource economics 13 (1999), S. 125-141 
    ISSN: 1573-1502
    Keywords: hiring subsidy ; pollution tax ; unemployment
    Source: Springer Online Journal Archives 1860-2000
    Topics: Energy, Environment Protection, Nuclear Power Engineering , Economics
    Notes: Abstract We study an economy with free firm entry and unemployment due to firm-worker bargaining over each firm's surplus, and where firms cause pollution that can be reduced by initial investments. An uncompensated increase in the pollution tax reduces pollution but increases unemployment, implying a tradeoff between the two. When tax revenues are used to subsidize either firms' hiring or investments, employment may also increase, creating a ‘double dividend’ from the pollution tax. A pollution tax increase used to subsidize current employment is always less effective than a hiring subsidy, and is totally ineffective when subsidies equal pollution tax revenues for each individual firm. We show that the (hypothetical) pollution tax implementing the first-best solution exceeds the Pigouvian tax. The second-best tax exceeds this first-best tax when we have a double dividend, and is below it when we do not.
    Type of Medium: Electronic Resource
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  • 3
    Electronic Resource
    Electronic Resource
    Springer
    Empirica 26 (1999), S. 259-269 
    ISSN: 1573-6911
    Keywords: Europe ; investment ; monetary policy ; policy mix ; unemployment ; wages
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract The paper considers the importance of wage formation for the policy mix in Europe. When monetary policy is committed to price stability, unit labour costs are a crucial factor in achieving this objective. Traditional Phillips curve or modern NAIRU models focus on labour market flexibility to achieve coherent wage developments because they take a short run perspective where the capital stock is fixed. However, in a long term perspective, the capital stock adjusts to profit opportunities which depend on the portfolio choices of investors which in turn are influenced by monetary policy. The time path of the price level depends then on a trend that is set by unit labour costs and a mean reverting profit mark-up that is dependent on capital costs. Monetary policy can become growth-supporting, if unit labour costs remain consistent with the central bank's price objective.
    Type of Medium: Electronic Resource
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  • 4
    Electronic Resource
    Electronic Resource
    Springer
    International tax and public finance 6 (1999), S. 317-337 
    ISSN: 1573-6970
    Keywords: redistribution ; monitoring ; unemployment ; targeting
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract Redistribution programs are constrained because those not working may be either unable to work, voluntarily unemployed or involuntarily unemployed. The inability to distinguish among these three cases inhibits the targeting of transfers to those most in need. Enabling the government to monitor whether unemployed individuals are searching for work and accepting any offered jobs increases its ability to redistribute income. We show that these monitoring activities are complementary, and consider how a minimum wage might be a useful adjunct to monitoring contingent tax-transfer policies.
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  • 5
    Electronic Resource
    Electronic Resource
    Springer
    International tax and public finance 6 (1999), S. 7-26 
    ISSN: 1573-6970
    Keywords: tax competition ; tax coordination ; unemployment ; wage bargaining ; capital mobility
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This paper analyses the implications of unemployment for fiscal competition and tax coordination among small open economies. Unemployment is modeled as resulting from wage bargaining. The analysis focuses on the effect of labour and capital tax coordination on welfare. We show that, while coordinated capital and labour tax increases unambiguously raise welfare if labour markets are competitive, different results emerge if labour markets are unionised. It turns out that coordinated capital and labour tax increases may reduce welfare.
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  • 6
    Electronic Resource
    Electronic Resource
    Springer
    International tax and public finance 6 (1999), S. 379-387 
    ISSN: 1573-6970
    Keywords: matching model ; multiple equilibria ; unemployment
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This article studies some macroeconomic consequences of the financing of an unemployment insurance scheme. Under a balanced-budget rule, when both taxes and unemployment benefits are proportional to wages, the existence of multiple natural rates of unemployment is a generic property of the matching model. Government can lead the economy to a high equilibrium by fixing the rate of tax on wages and then setting the replacement ratio so that its expenditure matches its receipts.
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  • 7
    Electronic Resource
    Electronic Resource
    Springer
    International tax and public finance 6 (1999), S. 239-262 
    ISSN: 1573-6970
    Keywords: unemployment ; taxation ; public policy
    Source: Springer Online Journal Archives 1860-2000
    Topics: Economics
    Notes: Abstract This paper provides an overview of the key issues relating to taxation, public policy and the dynamics of unemployment.It takes issue with the widely held view that generous social insurance schemes and the associated highpayroll taxes have been the major cause of the high unemployment rates which have persisted in Europe over thepast 15 years. It puts forward a framework for a theory of adjustment, based on the portfolio theory of the riskaverse firm and the efficiency wage theory of labor markets. This is used to explain why in the onset of a downturn,the hiring rate may lag the layoff rate, thus giving rise to rising unemployment rates. It is also shown to provideguidance as to policies which enhance the ability of firms to bear risks and which reduce costs of hiring and firing.The paper argues that while policies which increase severance or layoff costs may be well intended they mayactually serve to exacerbate the magnitude of employment fluctuations. Similarly, unemployment compensation,which is designed to ease the burden on those who are unemployed, may lead to higher levels of equilibriumunemployment. These programs can be restructured in ways which simultaneously ease the short-run burden ofthose thrown into unemployment, while reducing the adverse impact of these programs on the unemployment rate.
    Type of Medium: Electronic Resource
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  • 8
    Electronic Resource
    Electronic Resource
    Springer
    Environmental and resource economics 13 (1999), S. 289-308 
    ISSN: 1573-1502
    Keywords: optimal energy taxation ; general equilibrium ; externalities ; fiscal policy ; government expenditure ; energy ; unemployment
    Source: Springer Online Journal Archives 1860-2000
    Topics: Energy, Environment Protection, Nuclear Power Engineering , Economics
    Notes: Abstract In a simple model of production with an imported polluting resource and involuntary unemployment we consider the effects of energy taxes, holding the real wage constant, under differing levels of government expenditure and externalities. Simulations reveal conflict between the goals of net welfare, employment and profitability over much of the relevant parameter range, thus extending the usual discussion of multiple dividends. However, potential net welfare and employment gains are substantial for plausible parameters. The optimal energy tax declines as government expenditure rises and is less than the Pigovian tax for plausible externalities.
    Type of Medium: Electronic Resource
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  • 9
    Electronic Resource
    Electronic Resource
    Springer
    Journal of business ethics 21 (1999), S. 251-267 
    ISSN: 1573-0697
    Keywords: job creation ; least-skilled ; social exclusion ; unemployment
    Source: Springer Online Journal Archives 1860-2000
    Topics: Philosophy , Economics
    Notes: Abstract Social integration is a basic ingredient of any description of a good society. We feel that all people should get the opportunity to realise their full human potential, i.e. to realise their own goals and aspirations. In this paper we claim that this is also part of the responsibility of private sector firms and, therefore, an integral aspect of business ethics. We first argue against the (popular) conviction that the situation of the unemployed is their own responsibility, either because they choose to be unemployed (section 2), or because they choose to be low skilled (section 3). As a consequence, we do not believe that the dismantling of the social security system or the restructuring of the educational system can fully solve the problem of the least skilled in our societies. Nor do we think that the integration of the least skilled is a matter for government policy alone. In section 4 we argue that job creation remains indispensable for a real attack on the problem of social exclusion. In section 5, we highlight the important role of the private sector in this regard. Such job creation will require a lot of effort and imagination at the micro-level of the firm and a lot of creative thinking about how to structure the macrosocial market environment within which private firms operate.
    Type of Medium: Electronic Resource
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