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structural change, new firms and innovations and therefore possibly also nowadays for employment growth. …
Persistent link: https://www.econbiz.de/10005822244
pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In … bargaining creates additional impediments for the positive employment consequences of UISAs. …Unemployment Insurance Savings Accounts (UISAs) entitle workers to unemployment benefits at the expense of future …
Persistent link: https://www.econbiz.de/10005822648
We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an …-manufacturing wages and a 7.3% reduction in unemployment. …
Persistent link: https://www.econbiz.de/10005761779
This paper deals with potential instabilities in the Eurozone stemming from an insufficient interplay between monetary policy and reform effort on the one hand and the emergence of intra-Euro area divergences on the other. As a first step, we assess the effect of EMU on structural reform and...
Persistent link: https://www.econbiz.de/10005703561
economic incidence if unemployment compensation is subject to social security contributions. Since this is the case in numerous … of social security contributions on wages and employment. …
Persistent link: https://www.econbiz.de/10005703537
utility. We show for a wage bargaining model that a stronger earnings relationship of unemployment benefits may reduce wages …Evidently, the benefit-structure of the unemployment insurance has a significant influence on profits and trade union … and increase employment. This raises the question as to how the benefit structure is determined in the political process …
Persistent link: https://www.econbiz.de/10005763576
employment growth. Hence, the elimination of exchange rate volatility could be considered as a substitute for a removal of … employment protection legislation. …
Persistent link: https://www.econbiz.de/10005761957
can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining … that an overall increase in risk aversion contributes to wage moderation and promotes employment. …
Persistent link: https://www.econbiz.de/10005703281
In an efficiency wage economy, lump-sum severance pay from which shirkers can be excluded raises employment. However … employment. Thus, the prevalent form of severance payments in OECD countries might have less advantageous employment effects than …, severance payments are usually related to wages. It is shown that earnings-related, mandated severance pay will have ambiguous …
Persistent link: https://www.econbiz.de/10005566547
In this paper fiscal policy is examined for an open economy characterised by unemployment due to efficiency wages. We …
Persistent link: https://www.econbiz.de/10005233732