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In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10012465763
discontinuities in eligibility for severance pay and extended unemployment insurance (UI) benefits in Austria. Analyzing data for over …
Persistent link: https://www.econbiz.de/10012466022
Persistent link: https://www.econbiz.de/10000962734
In countries where wages are primarily set by collective bargaining, the effects on unemployment of changes in the … relations. In this paper, we examine the role this quality of labor relations has played in the evolution of unemployment across … relations have experienced higher unemployment. This conclusion remains even after controlling for labor institutions …
Persistent link: https://www.econbiz.de/10012468103
unemployment benefits on the duration of joblessness in Austria, and discuss implementation issues that may arise in similar …
Persistent link: https://www.econbiz.de/10012455899
unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …
Persistent link: https://www.econbiz.de/10012456944
institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially … unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and …
Persistent link: https://www.econbiz.de/10012460096
We construct a utility-based model of fluctuations, with nominal rigidities and unemployment, and draw its implications … for the unemployment-inflation tradeoff and for the conduct of monetary policy.<br><br>We proceed in two steps. We first … unemployment in the constrained efficient allocation. We then focus on the implications of alternative real wage setting mechanisms …
Persistent link: https://www.econbiz.de/10012464750
interpretation for the dynamic inflation--unemployment relation found in the data …
Persistent link: https://www.econbiz.de/10012466865
In the 1970s, European unemployment started increasing. It increased further in the 1980s, to reach a plateau in the … 1990s. It is still high today, although the average unemployment rate hides a high degree of heterogeneity across countries …. The focus of researchers and policy makers was initially on the role of shocks. As unemployment remained high, the focus …
Persistent link: https://www.econbiz.de/10012466922