Showing 1 - 10 of 10
) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in …. There should be a greater emphasis on holding down long-term unemployment in general and a smaller emphasis on youth …
Persistent link: https://www.econbiz.de/10005651865
This paper summarizes a set of expert reports commissioned by the IFAU. The expert reports cover Estonia, Germany, Italy, the Netherlands, Sweden, and the United Kingdom. These countries represent range of welfare states, both in terms of scope and design. And in each country there are...
Persistent link: https://www.econbiz.de/10008502566
Comparing Sweden to other EU countries, labour force participation rates of older individuals and females are high. These facts are consistent with the idea that institutional design matters: access to child care, paid parental leave, and a tax system with individual rather than household income...
Persistent link: https://www.econbiz.de/10008502572
Swedish unemployment was very low up to the early 1990s when it rose rapidly. At the same time manufacturing employment …
Persistent link: https://www.econbiz.de/10005651890
This paper aims at providing a critical assessment of the new ‘Farmerian’ economics, i.e. the recent Farmer’s attempt to provide a new micro-foundation of the General Theory grounded on modern search and business cycle theories. Specifically, I develop a theoretical model that summarizes...
Persistent link: https://www.econbiz.de/10009021709
the social elasticity of the matching function with respect to unemployment. …
Persistent link: https://www.econbiz.de/10011157018
In this paper, we implement Bayesian econometric techniques to analyze a theoretical framework built along the lines of Farmer's micro-foundation of the General Theory. Specifically, we test the ability of a demand-driven search model with self-fulfilling expectations to match the behaviour of...
Persistent link: https://www.econbiz.de/10011109526
This paper introduces a model of efficiency-wage competition along the lines put forward by Hahn (1987). Specifically, I analyse a two-firm economy in which employers screen their workforce by means of increasing wage offers competing one another for high-quality employees. The main results are...
Persistent link: https://www.econbiz.de/10011109551
In this paper, we explore the fluctuations of unemployment and vacancies in the Italian labour market over the last … line with previous findings on the unemployment volatility puzzle, we find that the labour market tightness indicator is …
Persistent link: https://www.econbiz.de/10011111175
This paper discusses the case for expanding active labor market policy in recession. We find that there is reasonable case for relying more heavily on certain kinds of programs. The argument is tied to the varying size of the lock-in effect in boom and recession. If programs with relatively...
Persistent link: https://www.econbiz.de/10008838419