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COLLECTIVE BARGAINING, AWARENESS OF GENERAL EQUILIBRIUM EFFECTS, AND UNEMPLOYMENT

✍ Scribed by Hans Gersbach; Achim Schniewind

Book ID
111081055
Publisher
John Wiley and Sons
Year
2011
Tongue
English
Weight
154 KB
Volume
52
Category
Article
ISSN
0020-6598

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## Abstract We analyse the impact of unemployment benefits and minimum wages using an equilibrium search model which allows for dispersion of benefits and productivity levels, job‐to‐job transitions, and structural and frictional unemployment. The estimation method uses readily available aggregate