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Efficiency aspects of the financing of unemployment insurance and other government expenditure
(1983)
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
(1984)
Trade unions and the efficiency of the natural rate of unemployment
(1986)
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 ...
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. ...