Showing 1 - 10 of 97
This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income and employment may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time...
Persistent link: https://www.econbiz.de/10005755249
We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff...
Persistent link: https://www.econbiz.de/10005103185
This paper investigates the role performed by mothers in affecting their childrens' performance at school. The article develops firstly a theoretical model in which household (parent-child pair) is treated as an individual, whose utility depends both on the performance at school of the student...
Persistent link: https://www.econbiz.de/10008805406
relative wage of the skilled. Increasing unemployment results only for a restrictive assumption about labor market rigidities. …
Persistent link: https://www.econbiz.de/10005755135
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run ‡uctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10005755272
stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States …
Persistent link: https://www.econbiz.de/10009216276
measure construction and technology busts) have little effect on the natural rate of unemployment or on long run productivity … of unemployment and can count for a 0.5% rise in cyclical unemployment from 2007 through the end of 2009 and 0.3% through …
Persistent link: https://www.econbiz.de/10009216281
This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...
Persistent link: https://www.econbiz.de/10005755178
classical argument that German labour market institutions (collective bargaining, unemployment benefits, etc.) lead to rigid … wage structures and high unemployment rates. Third, in the service sector it is the group of medium-skilled employees which …
Persistent link: https://www.econbiz.de/10010886901
We develop an endogenous growth model which is focussed on entrepreneurial skills and their impact on growth and … respects. Entrepreneurs in our model dispose of two different skills (technological and systemic skills) and we are able to … show that it is not only the absolute skill level but also the aggregate distribution of different skills that drives …
Persistent link: https://www.econbiz.de/10005755150