This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures … efficiency" (AWE). Thereby we can identify policies that (a)improve employment and welfare, (b)do not raise earnings inequality …

people's employment incentives and could achieve reductions in unemployment without reducing the level of support to the …We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced …

This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the … unemployment responses to each shock. Our analysis permits us to distinguish between the short- and long-run effects of the shocks …

2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …

We study the determination of Irish inflation between 1926 and 2012. The difference between unemployment and the NAIRU …

significantly larger decline in employment in response to household demand shocks than firms that freed up debt capacity (“low … establishments belonging to high-leverage firms exhibit a significantly larger decline in employment in response to household demand … shocks. Thus, firms’ balance sheets also matter for aggregate employment. …

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 …

the indirect wage effect resulting from lower unemployment risks and shorter spells in unemployment associated with higher … educated. We analyse the returns to education in Austria, Germany, Italy, Sweden and the United Kingdom, countries which differ … accounting for the effects of unemployment on individual wages using EU-SILC data. Across countries we find a high variation of …