Now showing items 1-10 of 76
An expenditure-based estimate of Britain's black economy
We estimate the size of Britain's black economy (defined narrowly as unreported taxable income) by using income and expenditure data drawn from the 1982 Family Expenditure Survey. Our working assumptions are that all income ...
Unemployment and the inter-regional mobility of labour
In this paper we examine the relation between unemployment and the interregional migration of labour. First, the status of a worker affects mobility: an unemployed worker is more likely to move than an employed one. Second, ...
Efficiency aspects of the financing of unemployment insurance and other government expenditure
This paper argues that if the disincentive effects of unemployment insurance result from higher reservation wages, they may be eliminated by financing benefits with a progressive income tax. The result is obtained within ...
Efficient job rejection
Trade unions and the efficiency of the natural rate of unemployment
Decentralized wage setting in search equilibrium models is inefficient because the meeting firm and worker ignore the dependence of jobmatching probabilities on the number of firms and workers engaged in search. This paper ...