scholarly journals Organised Labour, Labour Market Imperfections, and Employer Wage Premia

2020 ◽  
Author(s):  
Sabien Dobbelaere ◽  
Boris Hirsch ◽  
Steffen Mueller ◽  
Georg Neuschäffer
Keyword(s):  
Labour Market ◽  
Market Imperfections ◽  
Wage Premia

scholarly journals Organised Labour, Labour Market Imperfections, and Employer Wage Premia

2020 ◽  
Author(s):  
Sabien Dobbelaere ◽  
Boris Hirsch ◽  
Steffen Mueller ◽  
Georg Neuschäffer
Keyword(s):  
Labour Market ◽  
Market Imperfections ◽  
Wage Premia

scholarly journals Organised Labour, Labour Market Imperfections, and Employer Wage Premia

2020 ◽  
Author(s):  
Sabien Dobbelaere ◽  
Boris Hirsch ◽  
Steffen Mueller ◽  
Georg Neuschäffer
Keyword(s):  
Labour Market ◽  
Market Imperfections ◽  
Wage Premia

scholarly journals The Relationship between Output and Unemployment with Efficiency Wages

2007 ◽  
Vol 8 (4) ◽  
pp. 561-577 ◽  
Author(s):  
Jim Malley ◽  
Hassan Molana
Keyword(s):  
Adverse Effects ◽  
Labour Market ◽  
Negative Relationship ◽  
Efficiency Wages ◽  
Market Imperfections ◽  
Supply Side ◽  
Demand Shock ◽  
The Relationship ◽  
German Data ◽  
Stabilisation Policies

Abstract We construct a stylised model of the supply side with goods and labour market imperfections to show that an economy can rationally operate at a low-effort state in which the relationship between output and unemployment is positive. We examine data from the G7 countries over 1960-2001 and find that only German data strongly favour a persistent negative relationship between the level of output and rate of unemployment. The consequence of this is that circumstances exist in which market imperfections could pose serious obstacles to the smooth working of expansionary and/or stabilisation policies and a positive demand shock might have adverse effects on employment.

Tax Progression and Human Capital in Imperfect Labour Markets

2001 ◽  
Vol 2 (1) ◽  
pp. 1-18 ◽  
Author(s):  
Clemens Fuest ◽  
Bernd Huber
Keyword(s):  
Human Capital ◽  
Labour Market ◽  
Capital Investment ◽  
Human Capital Investment ◽  
Capital Formation ◽  
Labour Markets ◽  
Market Imperfections ◽  
Human Capital Formation ◽  
The Cost

Abstract Recent contributions to the theory of taxation argue that tax progression raises welfare and employment in the presence of labour market imperfections. This literature takes the endowment of workers with human capital as given. The present paper analyses the effects of tax progression in a model with endogenous human capital formation. We show that the effect of tax progression on human capital investment depends on the deductibility of the cost of human capital formation. With full deductibility, tax progression raises employment and welfare. With incomplete deductibility, in contrast, the effect of tax progression on employment and welfare may be negative.

Sign in / Sign up

Export Citation Format

Share Document