Tax Policy and Labor Market Performance

Tax Policy and Labor Market Performance
Author: Jonas Agell
Publisher: MIT Press
Total Pages: 341
Release: 2006
Genre: Business & Economics
ISBN: 0262012294

Other chapters examine the effects of tax reforms, including the Earned Income Tax Credit, and the wage-increasing effects of progressive income taxes in a highly unionized labor market. Finally, the contributors analyze the effects of employment protection and tax penalties on the growth of the underground economy. The insights offered in these studies will be valuable to the policy analyst as well as to the academic theorist

Taxes and Unemployment

Taxes and Unemployment
Author: Laszlo Goerke
Publisher: Springer Science & Business Media
Total Pages: 308
Release: 2012-12-06
Genre: Business & Economics
ISBN: 1461507871

This chapter has set out in detail the models which are employed below in order to analyse the labour market effects of changes in tax rates and in alterations in the tax structure. The fundamental mechanisms underlying the different approaches have been pointed out. Moreover, vital assumptions have been emphasised. By delineating the models which are used for the subsequent analyses, implicitly statements have also been made about topics or aspects which this study does not cover. For example, all workers and firms are identical ex ante. However, ex-post differences are allowed for, inter alia, if unemploy ment occurs or if some firms have to close down. These restrictions indicate areas of future research insofar as that the findings for homogeneous workers or firms yield an unambiguous proposal for changes in tax rates or the tax structure in order to promote employment. This is because it would be desir able for tax policy to know whether the predicted effects also hold in a world with ex-ante heterogeneity. Furthermore, the product market has not played a role. Therefore, repercussions from labour markets outcomes on product demand - and vice versa - are absent. 55 Moreover, neither the process of capital accumulation, be it physical or human capital, nor substitution pos sibilities between labour and capital in the firms' production function are taken into account. Finally, international competition is not modelled.

Frontiers in Economics

Frontiers in Economics
Author: Klaus F. Zimmermann
Publisher: Springer Science & Business Media
Total Pages: 489
Release: 2013-03-20
Genre: Business & Economics
ISBN: 3540247394

Economic Theory, academic policy analysis and public policy design are becoming more interdependent. Hence, the demands for close interactions between the policy community and the research community have been rising significantly. This book assesses how recent economic thinking has advanced under these influences. Furthermore, it evaluates the important contribution economics can add to the design and evaluation of public policy, now more than ever before. The study is of interest to policy makers, policy analysts, researchers and students of economics at all levels. The authors, which include many of Germany's most eminent economists, draw on their wide experience in research and consultancy to present a coherent view of where European economic theory stands today and how it can play a role in the management of the economy of the new millennium.

Macroeconomics at the Service of Public Policy

Macroeconomics at the Service of Public Policy
Author: Thomas J. Sargent
Publisher: OUP Oxford
Total Pages: 240
Release: 2013-02-28
Genre: Business & Economics
ISBN: 0191643912

This volume uses state of the art models from the frontier of macroeconomics to answer key questions about how the economy functions and how policy should be conducted. The contributions cover a wide range of issues in macroeconomics and macroeconomic policy. They combine high level mathematics with economic analysis, and highlight the need to update our mathematical toolbox in order to understand the increased complexity of the macroeconomic environment. The volume represents hard evidence of high research intensity in many fields of macroeconomics, and warns against interpreting the scope of macroeconomics too narrowly. The mainstream business cycle analysis, based on dynamic stochastic general equilibrium (DSGE) modelling of a particular type, has been criticised for its inability to predict or resolve the recent financial crisis. However, macroeconomic research on financial, information, and learning imperfections had not yet made their way into many of the pre-crisis DSGE models because practical econometric versions of those models were mainly designed to fit data periods that did not include financial crises. A major response to the limitations of those older DSGE models is an active research program to bring big financial shocks and various kinds of financial, learning, and labour market frictions into a new generation of DSGE models for guiding policy. The contributors to this book utilise models and modelling assumptions that go beyond particular modelling conventions. By using alternative yet plausible assumptions, they seek to enrich our knowledge and ability to explain macroeconomic phenomena. They contribute to expanding the frontier of macroeconomic knowledge in ways that will prove useful for macroeconomic policy.

OECD Employment Outlook 2007

OECD Employment Outlook 2007
Author: OECD
Publisher: OECD Publishing
Total Pages: 281
Release: 2007-06-18
Genre:
ISBN: 9264033041

This 2007 edition of OECD's annual Employment Outlook presents a series of articles supporting the recommendation that rather than seeing globalisation as a threat, OECD governments should focus on improving labour regulations and social protection systems to help people adapt to job markets.

Foundations of Modern Macroeconomics

Foundations of Modern Macroeconomics
Author: Ben J. Heijdra
Publisher: Oxford University Press
Total Pages: 937
Release: 2017
Genre: Business & Economics
ISBN: 0198784139

Using nothing more than undergraduate mathematical skills this book takes the reader from basic IS-LM style macro models to the state of the art literature on Dynamic Stochastic General Equilibrium. Dealing with all major topics it summarizes important approaches and provides a coherent angle on macroeconomic thought.

Basic Income on the Agenda

Basic Income on the Agenda
Author: Robert-Jan van der Veen
Publisher: Amsterdam University Press
Total Pages: 296
Release: 2000
Genre: Business & Economics
ISBN: 9789053564615

Persisting unemployment, poverty and social exclusion, labour market flexibility, job insecurity and higher wage inequality, changing patters of work and family life are among the factors that exert pressure on welfare states in Europe. This book explores the potential of an unconditional basic income, without means test or work requirement, to meet the challenges posed by the new social question, compared to policies of subsidized insertion in work. It also assesses the political chances of basic income in various European countries. These themes are highly relevant to policy-makers in the field of labour markets and social security, economists, political philosophers, and a social science audience in general.

Inequality and Economic Integration

Inequality and Economic Integration
Author: Francesco Farina
Publisher: Taylor & Francis
Total Pages: 348
Release: 2004-08-02
Genre: Business & Economics
ISBN: 1134293550

Internationally, globalization and increased economic integration has impacted quality of life and individual well-being. Attempts to evaluate the impact on income dispersion from this process have been extremely controversial. This key volume is the first real attempt to build up indices and a theoretical framework in order to deal with inequality of opportunity, and to enable social and political institutions to monitor increasing disparities in well-being and social exclusion. It thoroughly examines the possible relationships between the recent acceleration in economic integration and inequality among persons and countries and will enable social and political institutions to monitor increasing disparities in well-being and social exclusion. The contributions to this volume cover various subfields of economics, and examine both the negative and positive spillover effects of economic integration on individuals, social groups and nations. Since the impact of globalization on the most deprived people is multidimensional in nature, the theoretical framework is extended to a multivariate context where several individual characteristics are simultaneously considered. This original volume covers many important topics and features an impressive array of respected contributors. As such, it is sure to be an invaluable resource for postgraduates and professionals in the fields of political economy and economics.