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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
Based on a Cox Proportional Hazard analysis of German unemployment spells, structural change of the production process … is identified as a major explanation for long-term unemployment. Other important covariates capture labor market … economy, or spend a longer time in unemployment searching for the few remaining jobs for which they possess adequate skills. …
Persistent link: https://www.econbiz.de/10005818886
, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reserva …­tion wages to offered wages increase rapidly with duration of unemploy­ment; on average, reservation wages begin to exceed …
Persistent link: https://www.econbiz.de/10005755168
keine Arbeitslosenversicherung im herkömmlichen Sinne: Die Einkommenssicherung bei Arbeitslosigkeit erfolgt durch die … großen Teil an der Nachfrage nach Arbeit ansetzt. <p>Comparing the unemployment insurance systems of the United States and of … the United Kingdom it is shown that the US unemployment insurance (UI) is the only system that provides for a negative …
Persistent link: https://www.econbiz.de/10005700634
renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …
Persistent link: https://www.econbiz.de/10005079106
We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …
Persistent link: https://www.econbiz.de/10005034306
We introduce search and matching unemployment into a model of trade with differentiated goods and heterogeneous firms …
Persistent link: https://www.econbiz.de/10005034308
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are …
Persistent link: https://www.econbiz.de/10004992848
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010955891
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922