[PDF][PDF] Labor Policy in a Dynamic Search-Matching Model with Heterogeneous Workers and Firms
We introduce a minimum wage in Lise, Robin. We could also introduce a labor tax on output
p and use is to finance unemployment. Budget balanced in the long run. Questions: 1)
Optimal minimum wage–starting from our estimates in Lise, Robin, which could be
interpreted as corresponding to an economy without a legal minimum wage. 2) Optimal
conduct of labor policy across the business cycle.
p and use is to finance unemployment. Budget balanced in the long run. Questions: 1)
Optimal minimum wage–starting from our estimates in Lise, Robin, which could be
interpreted as corresponding to an economy without a legal minimum wage. 2) Optimal
conduct of labor policy across the business cycle.
We introduce a minimum wage in Lise, Robin. We could also introduce a labor tax on output p and use is to finance unemployment. Budget balanced in the long run. Questions: 1) Optimal minimum wage–starting from our estimates in Lise, Robin, which could be interpreted as corresponding to an economy without a legal minimum wage. 2) Optimal conduct of labor policy across the business cycle.
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