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Efficiency Properties of Labor Taxation in a Spatial Model of Restricted Labor Mobility
Restricted Labor Mobility Efficient Allocation of Labor Labor Taxation
2013/10/18
We examine the efficiency properties of labor taxation. A spatial model of an economy is introduced whose key feature is a new approach to restricted labor mobility. We characterize the efficient allo...
Dynamic Efficiency and Pareto Optimality in a Stochastic OLG Model with Production and Social Security
Stochastic OLG Model Dynamic Efficiency Interim Pareto Optimality Social Security
2013/10/17
We analyze the interaction between risk sharing and capital accumulation in a stochastic OLG model with production. We give a complete characterization of interim Pareto optimality. Our characterizati...
We investigate the role of spatial frictions in search equilibrium unemployment. For that, we develop a model of the labor market in which workers’ location in an agglomeration depends on commuting co...
Employment Effects of Labour Taxation in an Efficiency Wage Model with Alternative Budget Constraints and Time Horizons
Efficiency wages long-run short-run labour taxes
2013/10/18
In an efficiency wage economy with variable profits, a shift from payroll to employment taxes will reduce unemployment if the tax level is held constant at the initial wage. However, unem-ployment wil...
Learning Efficiency of Economics Students
efficiency education of economics stochastic frontier
2013/10/17
In this paper six authors propose guidelines for German labor market policy, to overcome current discouragement and lead to a new balance of social security and individual competitiveness. Crucial asp...