Contact
University of Konstanz
Chair of Public Economics
Box 133
D-78457 Konstanz
Tel.: +49-7531-88-2565
Fax: +49-7531-88-4135
E-Mail schreiben
Welcome to the Chair of Public Economics
This website provides information about the teaching and research activities of the Chair of Public Economics.
Our research focuses on Policy Evaluation, Economics of Education, Labor Economics, and Public Economics.
We offer courses and seminars at the undergraduate (Bachelor) and graduate (Master, PhD) levels.
For more information please refer to the links at the top of this page.
Seminar in Macroeconomics - Job Ladder and Wealth Dynamics in General Equilibrium
Time
Monday, 29. April 2024
12:00 - 13:15
Location
F428
Organizer
Speaker:
Nawid Siassi (TU Vienna)
Job Ladder and Wealth Dynamics in General Equilibrium
(joint with L. Kaas und E. Lalé)
Abstract: This paper develops a macroeconomic model that combines an incomplete-markets overlapping-generations economy with a job ladder featuring sequential wage bargaining, endogenous search effort of employed and non-employed workers, and differences in match quality. The calibrated model offers a good fit to the empirical age profiles of search activity, job-finding rates, wages and savings, so that we use the model to examine the role of age and wealth for worker flows and for the consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or a less progressive tax schedule bring about welfare losses for a newborn worker household.
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Seminar in Macroeconomics - Job Ladder and Wealth Dynamics in General Equilibrium
Time
Monday, 29. April 2024
12:00 - 13:15
Location
F428
Organizer
Speaker:
Nawid Siassi (TU Vienna)
Job Ladder and Wealth Dynamics in General Equilibrium
(joint with L. Kaas und E. Lalé)
Abstract: This paper develops a macroeconomic model that combines an incomplete-markets overlapping-generations economy with a job ladder featuring sequential wage bargaining, endogenous search effort of employed and non-employed workers, and differences in match quality. The calibrated model offers a good fit to the empirical age profiles of search activity, job-finding rates, wages and savings, so that we use the model to examine the role of age and wealth for worker flows and for the consequences of job loss. We further analyze the impact of unemployment insurance and progressive taxation for labor market dynamics and aggregate economic activity via capital, employment and labor efficiency channels. Lower unemployment benefits or a less progressive tax schedule bring about welfare losses for a newborn worker household.