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We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy is contrasted with a reference policy which would be first best in a frictionless economy. Results are: the Ramsey policy i) implies a higher steady state ratio of government...
Persistent link: https://www.econbiz.de/10011374417
We partner with a Public Employment Service to examine whether jobseekers can be encouraged to reskill for shortage occupations. In a large-scale field experiment involving 100,000 recently unemployed individuals, we provide information on shortage occupations and related training opportunities....
Persistent link: https://www.econbiz.de/10015273014
The purpose of this paper is to provide an analysis of the impact the UV-curve had on economic theory and to provide an account of the subsequent radical changes in its place and role over the decades since its first appearance in 1958. The paper traces the historical development of the UV-curve...
Persistent link: https://www.econbiz.de/10011373832
This paper analyses data from a large-scale field experiment where unemployed workers were randomly assigned to an additional caseworker meeting with the purpose to impose a broader job search strategy. We find that the meeting significantly increases job finding and is cost effective. However,...
Persistent link: https://www.econbiz.de/10013429219
Persistent link: https://www.econbiz.de/10001718700
We analyse the determinants of unemployment persistence in four OECDcountries byestimating a structural Bayesian VAR with an informative priorbased on an insiders/outsiders model. We explicitly insert unemployment ben-efits and labour taxes so that our identification is not affected by the Faust...
Persistent link: https://www.econbiz.de/10011327831
outcomes of providing informal care to one’s elderly parent(-s) among the 50+ of Europe. Data from SHARE (Survey of Health …, Ageing, and Retirement in Europe) was used to examine the association between, on the one hand, hours of informal care … and the number of hours worked, respectively, of informal-care provision was found to be stronger in central Europe than …
Persistent link: https://www.econbiz.de/10011372515
Persistent link: https://www.econbiz.de/10003482809
Persistent link: https://www.econbiz.de/10002503663
We study the relationship between offshoring and the prevalence and intensity of labor market imperfections at the firm level in Belgium and the Netherlands. Wagemarkup pricing stemming from workers' monopoly power is more prevalent than wagemarkdown pricing originating from firms' monopsony...
Persistent link: https://www.econbiz.de/10014233431