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https://hdl.handle.net/10419/66059
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DC Field | Value | Language |
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dc.contributor.author | de Pinto, Marco | en |
dc.date.accessioned | 2012-11-07T14:06:21Z | - |
dc.date.available | 2012-11-07T14:06:21Z | - |
dc.date.issued | 2012 | - |
dc.identifier.uri | http://hdl.handle.net/10419/66059 | - |
dc.description.abstract | Trade liberalization is no Pareto-improvement - there are winners (high-skilled) and losers (low-skilled). To compensate the losers the government is assumed to introduce unemployment benefits (UB). These benefits are financed by either a wage tax, a payroll tax, or a profit tax. Using a Melitz-type model of international trade with unionized labour markets and heterogeneous workers we show that: (i) UB financed by a wage tax reduce aggregate employment but increase welfare measured by per capita output. (ii) UB financed by a payroll tax reduce aggregate employment and welfare. If UB exceeds a well-defined threshold, the trade gains will be completely destroyed. (iii) UB financed by a profit tax reduce the unemployment rate of the low-skilled, but also reduces welfare. The threshold for the level of UB, where the trade gains are destroyed by the redistribution scheme, is higher compared to the case of a payroll tax. | en |
dc.language.iso | eng | en |
dc.publisher | ZBW - Deutsche Zentralbibliothek für Wirtschaftswissenschaften, Leibniz-Informationszentrum Wirtschaft |xKiel und Hamburg | en |
dc.relation.ispartofseries | |aBeiträge zur Jahrestagung des Vereins für Socialpolitik 2012: Neue Wege und Herausforderungen für den Arbeitsmarkt des 21. Jahrhunderts - Session: Labor Markets III |xG06-V3 | en |
dc.subject.jel | F10 | en |
dc.subject.jel | F16 | en |
dc.subject.jel | H20 | en |
dc.subject.ddc | 330 | en |
dc.title | Unemployment Benefits as Redistribution Scheme of Trade Gains - a Positive Analysis | - |
dc.type | Conference Paper | en |
dc.identifier.ppn | 731310586 | en |
dc.rights | http://www.econstor.eu/dspace/Nutzungsbedingungen | en |
dc.identifier.repec | RePEc:zbw:vfsc12:66059 | en |
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