Studies in Unemployment and Labor Markets

该项目涉及对工作变化的微观实证研究， 失业和税收对劳动力供给的影响。 现有 理论不能充分解释劳动力市场的运作 在商业周期中，也没有税收政策对总体经济的影响。 就业 本研究的第一部分涉及发展一个 劳动力市场的详细模型，基于实证研究结果 关于工资差别的作用。 该模型将用于 解释工人辞职率和工作更替率的变化， 商业周期。 研究的第二部分将分析 所得税对工资和失业的影响。 一个简单 美国经济的结构模型将被构建并用于 分析税收变化的影响。 税收变化的分析是重要的，因为宏观经济 对增税的反应可能是大幅增加 失业、通货膨胀或两者兼而有之。 这一分析尤其 由于预算赤字减少， Gramm-Rudman-Hollings立法可能导致大量税收 增大 劳动力市场建模的工作应该 为失业动态提供重要的新见解， 在商业周期中的工作周转率。

This project involves a micro-empirical study of job changes and unemployment and the effects of taxes on labor supply. Existing theories cannot adequately explain the operation of labor markets over the business cycle, nor the impact of tax policy on aggregate employment. The first part of this study involves the development of a detailed model of the labor market, based on empirical findings concerning the role of wage differentials. This model will be used to explain the changes in worker quit rates and job turnover rates over the business cycle. The second part of the study will analyze the effects of the income tax on wages and unemployment. A simple structural model of the U.S. economy will be constructed and used to analyze the impact of tax changes. The analysis of tax changes is important because the macro economic response to a tax increase may be a significant increase in unemployment, inflation, or both. This analysis is particularly timely because of the budget deficit reductions mandated by the Gramm-Rudman-Hollings legislation which could result in significant tax increases. The work focusing on modeling the labor market should provide important new insights into the dynamics of unemployment and job turnover over the business cycle.