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In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment … benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …
Persistent link: https://www.econbiz.de/10005662198
mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …
Persistent link: https://www.econbiz.de/10005123618
Contrary to standard search model predictions, prior studies failed to estimate a positive effect of unemployment … unemployment. This implies a negative relationship between the UI unemployment duration and wage effects, which holds empirically …
Persistent link: https://www.econbiz.de/10011272710
number of good jobs. Minimum wages and unemployment insurance encourage workers to wait for higher wages, and therefore … often increase unemployment, will increase average labour productivity and may improve welfare. The paper then briefly … composition of jobs improves considerably in response to higher minimum wages and more generous unemployment benefits. …
Persistent link: https://www.econbiz.de/10005662323
The potential duration of benefits is generally viewed as an important determinant of unemployment duration. This Paper … evaluates a unique policy change that prolonged entitlement to regular unemployment benefits from 30 weeks to a maximum of 209 …
Persistent link: https://www.econbiz.de/10005666658
unemployment insurance on labour supply. A review of the evidence leads us to stress the importance of non-market clearing as the … framework of wage setting. Finally, the issue of structural unemployment is addressed and we conclude that structural change and … labour immobility were not such an important cause of interwar unemployment as is sometimes thought. …
Persistent link: https://www.econbiz.de/10005666665
also find that the quality of the post-unemployment jobs was not affected by the activation program. Both findings confirm …
Persistent link: https://www.econbiz.de/10004990852
The administration of benefits is a relatively neglected aspect of the analysis of disincentive effects of unemployment …
Persistent link: https://www.econbiz.de/10005789102
This paper investigates the disincentive effects of the potential duration of unemployment insurance (UI) benefits. The … effect on the exit rate out of unemployment – both to employment and to other destinations – at various durations of … unemployment spells and for many categories of unemployed workers. …
Persistent link: https://www.econbiz.de/10005791792
In 1990 Colombia replaced its traditional system of severance payments with a new system of severance payments savings accounts (SPSAs). Although severance payments often are justified on the grounds that they provide insurance against earnings loss, they also increase costs for employers and...
Persistent link: https://www.econbiz.de/10005791811