System discourages 

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Research Memorandum (set-up) [PFP#902192174]
... cpf gfwecvkqp uwdukfkgu 1. introduction1 a system of progressive income taxes is not always looked at favourably. an important objection is that the system discourages hard work and efforts to ... information or imperfect competition. typically, the prediction is that a more progressive tax system discourages wage demands, at a given replacement rate, and reduces unemployment. hoel (1990) studies ...
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Two-Tier Labor Markets in the Great Recession: France vs. Spain
... of spain adopting french regulations in the early 1980s, when the post- dictatorship spanish system of collective bargaining was established. in both countries, most workers are covered by collective ... find, with a sample of 13 european countries over 1983-2004, that youth job insecurity discourages home-leaving, whereas parental job insecurity encourages it. thus, to the extent that permanent ...
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