Taxation, Wage Bargaining, and Unemployment

Taxation, Wage Bargaining, and Unemployment PDF Author: Isabela Mares
Publisher: Cambridge University Press
ISBN: 1107320909
Category : Political Science
Languages : en
Pages : 203

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Book Description
Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.

Taxation, Wage Bargaining, and Unemployment

Taxation, Wage Bargaining, and Unemployment PDF Author: Isabela Mares
Publisher: Cambridge University Press
ISBN: 1107320909
Category : Political Science
Languages : en
Pages : 203

Get Book Here

Book Description
Why were European economies able to pursue the simultaneous commitment to full employment and welfare state expansion during the first decades of the postwar period and why did this virtuous relationship break down during recent decades? This book provides an answer to this question, by highlighting the critical importance of a political exchange between unions and governments, premised on wage moderation in exchange for the expansion of social services and transfers. The strategies pursued by these actors in these political exchanges are influenced by existing wage bargaining institutions, the character of monetary policy and by the level and composition of social policy transfers. The book demonstrates that the gradual growth in the fiscal burden has undermined the effectiveness of this political exchange, lowering the ability of unions' wage policies to affect employment outcomes.

Taxation and Unemployment

Taxation and Unemployment PDF Author: Mr.Howell H. Zee
Publisher: International Monetary Fund
ISBN: 1451974345
Category : Business & Economics
Languages : en
Pages : 56

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Book Description
This paper reviews conceptual linkages between taxation and unemployment, available empirical evidence and country policies that may have a bearing on these linkages in the OECD and in a sample of developing and transitional economies, Fund policy advice on these issues, and tax policy options in addressing the unemployment problem. It concludes that the emphasis in policy should be placed on minimizing tax distortions, rather than on formulating activist tax policies to reduce unemployment.

Optimal Unemployment Insurance

Optimal Unemployment Insurance PDF Author: Andreas Pollak
Publisher: Mohr Siebeck
ISBN: 9783161493041
Category : Business & Economics
Languages : en
Pages : 204

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Book Description
Designing a good unemployment insurance scheme is a delicate matter. In a system with no or little insurance, households may be subject to a high income risk, whereas excessively generous unemployment insurance systems are known to lead to high unemployment rates and are costly both from a fiscal perspective and for society as a whole. Andreas Pollak investigates what an optimal unemployment insurance system would look like, i.e. a system that constitutes the best possible compromise between income security and incentives to work. Using theoretical economic models and complex numerical simulations, he studies the effects of benefit levels and payment durations on unemployment and welfare. As the models allow for considerable heterogeneity of households, including a history-dependent labor productivity, it is possible to analyze how certain policies affect individuals in a specific age, wealth or skill group. The most important aspect of an unemployment insurance system turns out to be the benefits paid to the long-term unemployed. If this parameter is chosen too high, a large number of households may get caught in a long spell of unemployment with little chance of finding work again. Based on the predictions in these models, the so-called "Hartz IV" labor market reform recently adopted in Germany should have highly favorable effects on the unemployment rates and welfare in the long run.

Taxation, Wage Bargaining, and Unemployment

Taxation, Wage Bargaining, and Unemployment PDF Author: Isabela Mares
Publisher:
ISBN: 9780511161582
Category : BUSINESS & ECONOMICS
Languages : en
Pages : 290

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Book Description
This book explains cross-national and temporal changes in employment outcomes.

The Labor Market and Economic Adjustment

The Labor Market and Economic Adjustment PDF Author: Pierre-Richard Agénor
Publisher: International Monetary Fund
ISBN: 1451854781
Category : Business & Economics
Languages : en
Pages : 98

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Book Description
This paper examines the role of the labor market in the transmission process of adjustment policies in developing countries. It begins by reviewing the recent evidence regarding the functioning of these markets. It then studies the implications of wage inertia, nominal contracts, labor market segmentation, and impediments to labor mobility for stabilization policies. The effect of labor market reforms on economic flexibility and the channels through which labor market imperfections alter the effects of structural adjustment measures are discussed next. The last part of the paper identifies a variety of issues that may require further investigation, such as the link between changes in relative wages and the distributional effects of adjustment policies.

The Economics of Imperfect Labor Markets

The Economics of Imperfect Labor Markets PDF Author: Tito Boeri
Publisher: Princeton University Press
ISBN: 0691158932
Category : Business & Economics
Languages : en
Pages : 464

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Book Description
Most labor economics textbooks pay little attention to actual labor markets, taking as reference a perfectly competitive market in which losing a job is not a big deal. The Economics of Imperfect Labor Markets is the only textbook to focus on imperfect labor markets and to provide a systematic framework for analyzing how labor market institutions operate. This expanded, updated, and thoroughly revised second edition includes a new chapter on labor-market discrimination; quantitative examples; data and programming files enabling users to replicate key results of the literature; exercises at the end of each chapter; and expanded technical appendixes. The Economics of Imperfect Labor Markets examines the many institutions that affect the behavior of workers and employers in imperfect labor markets. These include minimum wages, employment protection legislation, unemployment benefits, active labor market policies, working-time regulations, family policies, equal opportunity legislation, collective bargaining, early retirement programs, education and migration policies, payroll taxes, and employment-conditional incentives. Written for advanced undergraduates and beginning graduate students, the book carefully defines and measures these institutions to accurately characterize their effects, and discusses how these institutions are today being changed by political and economic forces. Expanded, thoroughly revised second edition New chapter on labor-market discrimination New quantitative examples New data sets enabling users to replicate key results of the literature New end-of-chapter exercises Expanded technical appendixes Unique focus on institutions in imperfect labor markets Integrated framework and systematic coverage Self-contained chapters on each of the most important labor-market institutions

The Politics of Social Risk

The Politics of Social Risk PDF Author: Isabela Mares
Publisher: Cambridge University Press
ISBN: 9780521534772
Category : Business & Economics
Languages : en
Pages : 346

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Book Description
The book provides a systematic evaluation of the role played by business in the development of the modern welfare state. When and why have employers supported the development of institutions of social insurance that provide benefits to workers for various employment-related risks? What factors explain the variation in the social policy preferences of employers? What is the relative importance of business and labor-based organization in the negotiation of a new social policy? This book studies these critical questions, by examining the role played by German and French producers in eight social policy reforms spanning nearly a century of social policy development. The analysis demonstrates that major social policies were adopted by cross-class alliances comprising labor-based organizations and key sectors of the business community.

Unemployment Insurance Reform

Unemployment Insurance Reform PDF Author: David E. Balducchi
Publisher: W.E. Upjohn Institute
ISBN: 0880996528
Category : Political Science
Languages : en
Pages : 247

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Book Description
The Unemployment Insurance (UI) system is a lasting piece of the Social Security Act which was enacted in 1935. But like most things that are over 80 years old, it occasionally needs maintenance to keep it operating smoothly while keeping up with the changing demands placed upon it. However, the UI system has been ignored by policymakers for decades and, say the authors, it is broken, out of date, and badly in need of repair. Stephen A. Wandner pulls together a group of UI researchers, each with decades of experience, who describe the weaknesses in the current system and propose policy reforms that they say would modernize the system and prepare us for the next recession.

Inequality and Prosperity

Inequality and Prosperity PDF Author: Jonas Pontusson
Publisher: Cornell University Press
ISBN: 9780801489709
Category : Business & Economics
Languages : en
Pages : 260

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Book Description
"A Century Foundation book".

The Wage Curve

The Wage Curve PDF Author: David G. Blanchflower
Publisher: MIT Press
ISBN: 9780262023757
Category : Business & Economics
Languages : en
Pages : 504

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Book Description
The Wage Curve casts doubt on some of the most important ideas in macroeconomics, labor economics, and regional economics. According to macroeconomic orthodoxy, there is a relationship between unemployment and the rate of change of wages. According to orthodoxy in labor economics and regional economics an area's wage is positively related to the amount of joblessness in the area. The Wage Curve suggests that both these beliefs are incorrect. Blanchflower and Oswald argue that the stable relationship is a downward-sloping convex curve linking local unemployment and the level of pay. Their study, one of the most intensive in the history of social science, is based on random samples that provide computerized information on nearly four million people from sixteen countries. Throughout, the authors systematically present evidence and possible explanations for their empirical law of economics.