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It is puzzling that people feel quite unhappy when they become unemployed, while at the same time active labor market policies are needed to bring unemployed back to work more quickly. Using data from the German Socio-Economic Panel, we investigate whether there is indeed such a puzzle. First,...
Persistent link: https://www.econbiz.de/10011083392
Putting a limit on the duration of unemployment benefits tends to introduce a "spike" in the job finding rate shortly … jobs are permanent. We use a dataset on Slovenian unemployment spells to test this prediction and find supporting evidence …. We conclude that the spike in the job finding rate suggests that workers exploit unemployment insurance benefits for …
Persistent link: https://www.econbiz.de/10008527075
fired. Therefore a country with a high or an increasing unemployment rate has a low (reported) workplace accident rate. The … inversely related to both the level of unemployment and the change in unemployment. Furthermore, fatal accident rates do not …
Persistent link: https://www.econbiz.de/10005067555
unemployment to employment using detailed Danish event history data obtained from administrative registers. We find large positive …
Persistent link: https://www.econbiz.de/10010945065
To examine the macro economic effects of government tax and punishment policies, this paper develops a three-sector general quilibrium model featuring matching frictions, heterogenous abilities and an informal sector with tax evasion. The choice of education is determined endogenously. Job...
Persistent link: https://www.econbiz.de/10005207263
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social … multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in …
Persistent link: https://www.econbiz.de/10005207266
Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search …
Persistent link: https://www.econbiz.de/10005082496
This paper develops a theory characterizing the effects of fiscal policy on unemployment over the business cycle. The … theory is based on a model of equilibrium unemployment in which jobs are rationed in recessions. Fiscal policy in the form of … government spending on public-sector jobs reduces unemployment, especially during recessions: the fiscal multiplier …
Persistent link: https://www.econbiz.de/10009324257
This paper studies the determinants of hiring. We use the search-matching model with imperfect competition in the product market from Carlsson, Eriksson and Gottfries (2011) to derive an equation for total hiring in a local labor market, and estimate it on Swedish panel data. When product...
Persistent link: https://www.econbiz.de/10009399691
-skilled workers. The stylized facts are that profits are concentrated among the high-skilled, involuntary unemployment is mostly among … the low-skilled, and private unemployment insurance is missing. This paper analyzes the effectiveness of redistribution …
Persistent link: https://www.econbiz.de/10005662250