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Unemployment and macroeconomics
(1989)
This paper discusses some issues in the theory of unemployment. It proposes a framework for the analysis of unemployment and finally applies the framework to the analysis of the rise in unemployment in Britain after 1979. ...
Social security and the choice between full-time work, part-time work and retirement
(1980)
This paper investigates the determinants of retirement decisions in the UK. To deal with the endogeneity bias introduced by the piecemeal linear budget constraint generated by the social security system, it specifies a ...
Taxes, subsidies and equilibrium unemployment
(1985)
This paper considers the effects of wage taxes, employment subsidies and unemployment benefits in a simple model of equilibrium search. Unemployment is determined by the equality of job matchings and job separations, job ...