| 来源类型 | Discussion paper
|
| 规范类型 | 论文
|
| 来源ID | DP5781
|
| DP5781 When Anti-Dumping Measures Lead to Increased Market Power: A Case Study of the European Salmon Market |
| Frode Steen; Frank Asche
|
| 发表日期 | 2006-08-09
|
| 出版年 | 2006
|
| 语种 | 英语
|
| 摘要 | This paper develops a theory of employment guarantees when labor markets are imperfect and when the credibility of government policy announcements could be in doubt. The basic feature of an EGS is that any individual who satisfies a set of specified criteria is guaranteed public employment at a given wage if they want it. Thus, the two factors that define the guarantee are the wage and the ease of access. The problem for the planner is to choose these to maximize a social welfare function. If the labour market is perfectly competitive, then the introduction of an employment guarantee scheme is bound to have efficiency costs, and can only be justified through its positive distributional consequences ? this has been the framework for most of the theoretical and empirical analysis of employment guarantee schemes. If the labor market is imperfect, however, the announcement of a credible employment guarantee scheme can improve efficiency through the introduction of contestability in the private labour market. The paper then considers the issue of credibility and solves for an incentive compatible employment guarantee scheme in a rational expectations equilibrium. It is shown that the outcome with a planner who cares only about efficiency can be less efficient than the outcome with a planner whose social welfare function also gives weight to poverty! |
| 主题 | Labour Economics
; Public Economics
|
| 关键词 | Employment guarantees
Employment targeting
Credibility
Poverty aversion
|
| URL | https://cepr.org/publications/dp5781
|
| 来源智库 | Centre for Economic Policy Research (United Kingdom)
|
| 资源类型 | 智库出版物
|
| 条目标识符 | http://119.78.100.153/handle/2XGU8XDN/534627
|
推荐引用方式
GB/T 7714 |
Frode Steen,Frank Asche. DP5781 When Anti-Dumping Measures Lead to Increased Market Power: A Case Study of the European Salmon Market. 2006.
|
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