@techreport{Tonin2011work,
abstract = {In-work benefits are becoming an increasingly relevant labour market policy, gradually expanding in scope and geographical coverage. This paper investigates the equilibrium impact of in-work benefits and contrasts it with the traditional partial equilibrium analysis. We find under which conditions accounting for equilibrium wage adjustments amplifies the impact of in-work benefits on search intensity, participation, employment, and unemployment, compared to a framework in which wages are fixed. We also account for the financing of these benefits and determine the level of benefits necessary to achieve efficiency in a labour market characterized by search externalities.},
address = {Bonn},
author = {Mirco Tonin and Ann-Sofie Kolm},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
keywords = {J21; J38; H24; 330; in-work benefits; search; labour force participation; wage adjustment; Arbeitsmarkt; Arbeitslosigkeit; Arbeitsuche; Lohnverhandlungen},
language = {eng},
note = {urn:nbn:de:101:1-201104113462},
number = {5473},
publisher = {IZA},
title = {In-work benefits and unemployment},
type = {Discussion paper series // Forschungsinstitut zur Zukunft der Arbeit},
url = {http://hdl.handle.net/10419/46031},
year = {2011}
}
