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• W2100601661 abstract "The paper develops a unified general equilibrium model including savings with overlapping generations, investment and search unemployment. Long-run analytical results for the small open economy identify capital accumulation as a prime transmission channel. The effects of integration on unemployment, however, depend importantly on the nature of wage taxation and unemployment compensation. As a separate methodological contribution, we extend a dynamic CGE model for Germany to allow for search unemployment of high- and low-skilled labour. Simulating the effects of Eastern EU enlargement, we find quantitatively small effects of integration but more pronounced labour market effects from immigration." @default.
• W2100601661 created "2016-06-24" @default.
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• W2100601661 date "2000-01-01" @default.
• W2100601661 modified "2023-09-24" @default.
• W2100601661 title "Integration and Search Unemployment: An Analysis of Eastern EU Enlargement" @default.
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• W2100601661 doi "https://doi.org/10.2139/ssrn.263326" @default.
• W2100601661 hasPublicationYear "2000" @default.
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