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In Portugal duration of benefits is exclusively age determined while replacement rates are toall intents and purposes … uniform. We exploit differences in potential maximum duration ofbenefits for nearly matched pairs of individuals who differ in … age by one year and in potentialmaximum duration of benefits by three months... …
Persistent link: https://www.econbiz.de/10005862081
periods and the size of unemployment benefits on unemploymentdurations and post-unemployment earnings in West Germany... …
Persistent link: https://www.econbiz.de/10005863253
Persistent link: https://www.econbiz.de/10004819278
This paper considers a simple model of self-fulfilling expectations that leads to a multiple equilibrium of gender gaps in wages and participation rates. Rather than resorting to moral hazard problems related to unobservable effort, like in most of the related literature, our model fully relies...
Persistent link: https://www.econbiz.de/10005859583
The Peter Principle captures two stylized facts about hierarchies: first, promotions often placeemployees into jobs for which they are less well suited than for that previously held. Second,demotions are extremely rare...
Persistent link: https://www.econbiz.de/10005862318
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
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
log-log duration model. According to both models, theprobability of finding a job falls with the level of disability, the … age at which the individualstarts receiving disability benefits, and the increase in the local unemployment rate …
Persistent link: https://www.econbiz.de/10009486964
The mild response of the German labor market to the worst global recession in post-warhistory appears as an economic miracle. In response to the crisis, Germany has shown to bea strong case of internal flexibility. We argue that important factors that have contributed tothis development include...
Persistent link: https://www.econbiz.de/10009486981
contemporary unemployment affect a young worker’s probability ofbeing invited to a job interview. In contrast to studies using … forunobserved heterogeneity. We find no evidence that recruiting employers use informationabout past unemployment to sort workers … pastunemployment as a sorting criterion suggests that the scarring effects of unemployment maynot be as severe as has been indicated by …
Persistent link: https://www.econbiz.de/10009486983