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Small and young businesses are essential for job creation, innovation, and economic growth. Even most of the superstar firms start their business life small and then grow over time. Small firms have less internal resources, which makes them more fragile and sensitive to macroeconomic conditions....
Persistent link: https://www.econbiz.de/10014322738
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Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609
While there is a fairly broad consensus regarding the potential adverse effects of generous unemployment benefit …. Findings indicate that although it takes time for unemployment benefit reforms to pay off, such reforms do not appear to entail … any negative short-run effects. There is however some suggestive evidence that reducing unemployment benefits could have …
Persistent link: https://www.econbiz.de/10009728798
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …
Persistent link: https://www.econbiz.de/10010375309
they are likely to exist also in other countries. -- Unemployment ; Optimal Unemployment Insurance ; Liquidity Constraints …
Persistent link: https://www.econbiz.de/10009504557
paper examines the effect of labor-market institutions on the fluctuations of age-specific unemployment rates based on panel …The way age-specific unemployment rates fluctuate over the business cycle differs significantly across countries. This …
Persistent link: https://www.econbiz.de/10009728804
the steepness of the time profile of unemployment benefits by raising the initial benefit, lowering its long-term level … system led to an increase in flows towards employment or inactivity either in the aggregate or when comparing groups of …
Persistent link: https://www.econbiz.de/10013278619
reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the … the existing disagreement in the macroeconomic literature on the unemployment effects of Hartz IV. We find that Hartz IV … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …
Persistent link: https://www.econbiz.de/10011965759