Lu, Chia Hui
Optimal government policies related to unemployment / Chia-Hui Lu .-- , 2019
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
This article studies the optimal government policies related to unemployment in a frictional labor market. To achieve the optimal allocation, we find that the government should not issue unemployment compensation or subsidies for hiring costs. Moreover, as both firms and households experience disastrous consequences related to the minimum wage, the government should not intervene in the labor market to influence the wage rate and should not set any minimum wage. What the government can do is to make appropriate expenditures on matching efficacy. Furthermore, considering heterogeneous labor abilities in the model does not change our main finding.
DESEMPLEO
SEGURO DE DESEMPLEO
SALARIO MINIMO
POLITICA LABORAL
EFICIENCIA
MODELOS ECONOMETRICOS
Public Finance Review 0048-5853 v. 47, n. 1, January 2019, p. 87-111
Optimal government policies related to unemployment / Chia-Hui Lu .-- , 2019
Disponible también en formato electrónico a través de la Biblioteca del IEF.
Resumen.
Bibliografía.
This article studies the optimal government policies related to unemployment in a frictional labor market. To achieve the optimal allocation, we find that the government should not issue unemployment compensation or subsidies for hiring costs. Moreover, as both firms and households experience disastrous consequences related to the minimum wage, the government should not intervene in the labor market to influence the wage rate and should not set any minimum wage. What the government can do is to make appropriate expenditures on matching efficacy. Furthermore, considering heterogeneous labor abilities in the model does not change our main finding.
DESEMPLEO
SEGURO DE DESEMPLEO
SALARIO MINIMO
POLITICA LABORAL
EFICIENCIA
MODELOS ECONOMETRICOS
Public Finance Review 0048-5853 v. 47, n. 1, January 2019, p. 87-111