Showing 1 - 10 of 306
The paper surveys unemployment policies for advanced market economies and evaluates them by examining the predictions … of the underlying macroeconomic theories. The basic idea is that, for the most part, different unemployment policy … - on the ability of these theories to predict some salient stylized facts about unemployment behaviour. The paper considers …
Persistent link: https://www.econbiz.de/10005136538
We develop a general equilibrium analysis of the impact of active labour market policy on unemployment, wages and the … employed have little exposure to unemployment and if the demand for unskilled labour is inelastic, there may be political … support for policies which actually raise the equilibrium level of total unemployment. …
Persistent link: https://www.econbiz.de/10005662144
It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005666625
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …
Persistent link: https://www.econbiz.de/10009246610
We analyse the impact of increased immigration on labour market outcomes of natives in Germany using a dataset of … previous level. Especially for unemployment we find large effects of an increased foreign share. We conjecture that these … results might be spurious. Foreigners tend to be concentrated in lower unemployment areas but unemployment tends to be mean …
Persistent link: https://www.econbiz.de/10005504240
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10005666858
The purpose of this paper is to link the twin horns of the European economic dilemma - unemployment and a loss in … international competitiveness - to a lack of innovative activity. In Germany the Innovationskrise (innovation crisis) combines with … the Standortkrise (location crisis) and the Arbeitslosenkrise (unemployment crisis) to form a triad of economic challenges …
Persistent link: https://www.econbiz.de/10005661481
survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that …
Persistent link: https://www.econbiz.de/10008854550
This paper examines how supply-side policies may play a role in fighting a low aggregate demand that traps an economy at the zero lower bound (ZLB) of nominal interest rates. Future increases in productivity or reductions in mark-ups triggered by supply-side policies generate a wealth effect...
Persistent link: https://www.econbiz.de/10009367422
This paper uses the common agency approach to analyse the joint determination of product and labour market distortions in a small (developing) open economy. Capital owners and union members lobby the government on both tariffs and minimum wages, while other factors of production are not...
Persistent link: https://www.econbiz.de/10005504496