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positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger because unemployment risk is … distributed unequally across workers. As a result,optimal unemployment insurance may be higher and welfare is lower if hiring is …
Persistent link: https://www.econbiz.de/10009486873
Using a novel dataset from the 2006 Portuguese Labor Force Survey this paper examinesthe impact of a voluntary reduction in hours of work, before retirement, on the moment of exitfrom the labor force. If, as often suggested, flexibility in hours of work is a useful measure topostpone retirement,...
Persistent link: https://www.econbiz.de/10009486882
It is puzzling that people feel quite unhappy when they become unemployed, while at thesame time active labor market policies are needed to bring unemployed back to work morequickly. Using data from the German Socio-Economic Panel, we investigate whether there isindeed such a puzzle. First, we...
Persistent link: https://www.econbiz.de/10009486963
age at which the individualstarts receiving disability benefits, and the increase in the local unemployment rate …
Persistent link: https://www.econbiz.de/10009486964
We evaluate the information content of admission conditions for study programs quality by investigating its relationship with graduates employability. We find that study programs with larger numeri clausi are associated with a higher probability of finding a job. Additionally, compulsory...
Persistent link: https://www.econbiz.de/10005859627
in developing countries have multiple equilibria - the same economy can be stuck at different levels of unemployment with …
Persistent link: https://www.econbiz.de/10005860481