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All co-authors tax labour unskilled capital model skilled effects workers welfare reforms search markets run arbeitsmarkt skill ojl market increase long vacancy subsidies distributional distortions optimal unemployment paper cut income sectoral arbeitslosigkeit employment multipliers wedge agents economy job zero steuerreform fiscal policy matching profits results losses frictions public aggregate output unity taxes steuerwirkung arbeitsuche suchtheorie arbeitsmarkttheorie consequences wages sector taxation equilibrium models heterogeneous product importance determining agent segment population pareto improving work negative extend canonical including complementarity production learning types inequality finally gains wohlfahrtsanalyse finanzpolitik multiplikator multiplier examine imperfect competition assuming heterogeneity holdings failures independently concurrent combined realistic calibration imply consistent second best context correct creates employed rises short evaluates interventions business cycle good cyclical properties wage premium jobs lead greater contrast positive cutting depend financed
Composed terms labour markets skilled unskilled labour market search matching long run capital tax vacancy subsidies tax cut tax reform reforms market market distortions fiscal policy optimal taxation welfare losses unity ojl tax effects unvollkommener markt incomplete market search and matching job search search theory labour market theory distributional consequences consequences tax multipliers sector sector search matching model product labour effects tax results welfare losses segment segment population uk economy pareto improving distributional effects extend canonical canonical model model search matching frictions including capital capital skill skill complementarity complementarity production production labour markets skilled workers job job learning learning ojl ojl skill skill types unskilled labour labour income welfare gains welfare analysis sectoral labour markets increase employment fiscal multipliers model fiscal equilibrium unemployment profits optimal taxation labour models equilibrium unemployment tax paper examine examine importance importance imperfect imperfect competition competition product markets determining determining long run welfare welfare effects assuming agent independently results tax increase increase combined realistic calibration calibration uk imply capital context work correct negative effects capital short run evaluates effects policy interventions good job ojl unity
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Wei Jiang Dr. Alternative spellings: Jiang Wei Wei Jiang
Affiliations University of Glasgow. Department of Economics University of Kent. Department of Economics
Publishing years Series Discussion papers / University of Kent, School of Economics (4) CESifo working papers (2) Discussion papers / Adam Smith Business School, University of Glasgow (2) Department of Economics working paper series (1) CESifo Working Paper Series (1)