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This text focuses on long-term unemployment in the German labor market caused by insufficient work skills capabilities and discusses the deficits of the current policy in improving the situation of job seekers who are repeatedly rejected in their efforts to find a job. For both the German...
Persistent link: https://www.econbiz.de/10009758843
Population aging in many developed countries has motivated some governments to provide wage subsidies to employers for hiring or retaining older workers. The subsidies are intended to compensate for the gap between the pay and productivity of older workers, which may discourage their hiring. A...
Persistent link: https://www.econbiz.de/10011433537
behaviour. Maslow’s hierarchy of needs suggests that an individual’s preferences are not fixed but, rather, depend on purchasing …’s preferences for such goods and to weaken preferences for high-hierarchy goods (e.g., books). By introducing a simple purchasing …
Persistent link: https://www.econbiz.de/10009369194
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share...
Persistent link: https://www.econbiz.de/10014025692
This paper reviews the literature on culture and economics, focusing primarily on the epidemiological approach. The epidemiological approach studies the variation in outcomes across different immigrant groups residing in the same country. Immigrants presumably differ in their cultures but share...
Persistent link: https://www.econbiz.de/10008466325
from reference-dependent preferences: The absolute subjective value of a deviation from a reference point is generally …
Persistent link: https://www.econbiz.de/10005792351
The standard assumption in economic theory is that preferences do not change as a result of experience with the … commodity/service/event. Behavioural scientists have challenged this assumption, claiming that preferences constantly do change … as experience is accumulated. This paper tests the effect of experience with a health-care service on preferences for …
Persistent link: https://www.econbiz.de/10005656214
This text focuses on long-term unemployment in the German labor market caused by insufficient work skills capabilities and discusses the deficits of the current policy in improving the situation of job seekers who are repeatedly rejected in their efforts to find a job. For both the German...
Persistent link: https://www.econbiz.de/10010856856
The surprising increase in U.S. unemployment in the Great Recession and the persistence of long-term unemployment in the economic recovery pose important questions for employment policy. Why did unemployment grow more than forecast? Is the character of long-term unemployment the result of...
Persistent link: https://www.econbiz.de/10010548631
This paper studies the predictability of long-term unemployment (LTU) and analyzes its main determinants using rich administrative data in Sweden. Compared to using standard socio-demographic variables, the predictive power more than doubles when leveraging the rich data environment. The largest...
Persistent link: https://www.econbiz.de/10014226176