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The Minimum Wage from a Two-Sided Perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis - CESifo - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...
Persistent link: https://www.econbiz.de/10010877633
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Benefit Entitlement and the Labor Market: Evidence from a Large-Scale Policy Change
Lalive, Rafael; Zweimüller, Josef - CESifo - 2002
for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum …-experimental situation from which a lot can be learned about the impact of unemployment insurance rules on the dynamics of employment …, unemployment, and wages. We find that the REBP led to a tremendous increase in unemployment, which was due to both an increase in …
Persistent link: https://www.econbiz.de/10005181435
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Too Old to Work, Too Young to Retire?
Ichino, Andrea; Schwerdt, Guido; Winter-Ebmer, Rudolf; … - Institut für Volkswirtschaftslehre, … - 2013
We study whether employment prospects of old and young workers differ after a plant closure. Using Austrian administrative data, we show that old and young workers face similar displacement costs in terms of employment in the long-run, but old workers lose considerably more initially and gain...
Persistent link: https://www.econbiz.de/10010697233
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Too Old to Work, Too Young to Retire?
Ichino, Andrea; Schwerdt, Guido; Winter-Ebmer, Rudolf; … - Institut für Volkswirtschaftslehre, … - 2007
We use firm closure data from social security records for Austria 1978-1998 to investigate the effect of age on employment prospects. We rely on exact matching to compare workers displaced due to firm closure with similar non-displaced workers. We then use a difference-in- difference strategy to...
Persistent link: https://www.econbiz.de/10005839124
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Too Old to Work, too Young to Retire?
Ichino, Andrea; Schwerdt, Guido; Winter-Ebmer, Rudolf; … - CESifo - 2007
We use firm closure data from social security records for Austria 1978-1998 to investigate the effect of age on employment prospects. We rely on exact matching to compare workers displaced due to firm closure with similar non-displaced workers. We then use a difference-in-difference strategy to...
Persistent link: https://www.econbiz.de/10005181558
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Extended Unemployment Benefits and Early Retirement: Program Complementarity and Program Substitution
Staubli, Stefan; Zweimüller, Josef; Inderbitzin, Lukas - Institut für Volkswirtschaftslehre, … - 2013
This paper explores how extended unemployment insurance (UI) benefits targeted to older workers affect early retirement …
Persistent link: https://www.econbiz.de/10010638874
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Does Short-Time Work Save Jobs? A Business Cycle Analysis
Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - CESifo - 2014
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to … counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important …
Persistent link: https://www.econbiz.de/10010743447
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Monetary Persistence and the Labor Market: A New Perspective
Lechthaler, Wolfgang; Merkl, Christian; Snower, Dennis - CESifo - 2010
sluggish. Job creation and job destruction are negatively correlated. And the volatility of unemployment is much larger than in …
Persistent link: https://www.econbiz.de/10008572528