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High unemployment in many OECD countries is often attributed, at least in part, to the generosity and long duration of … unemployment compensation. It is therefore instructive to examine a country where high unemployment exists despite the near … complete absence of an unemployment insurance system. In South Africa unemployment stood at 23% in 1997 and the unemployed have …
Persistent link: https://www.econbiz.de/10005762297
This study examines individuals’ unemployment experiences from the age of 18 up to the age of 35 using a large panel of … administrative records on unemployment related benefit claims of men in the United Kingdom over the past two decades. The main focus … is on the extent to which individuals’ unemployment experiences are affected by regional and skill differences, i …
Persistent link: https://www.econbiz.de/10005763923
Why do many democracies fail to reform their labor market institutions? We study the feasibility of reforms that … unemployment may be constrained Pareto-efficient. Consequently, no reform is accepted unanimously by voters. We show that this … low rates of unemployment can be removed in the political process while high rates of unemployment tend to be politically …
Persistent link: https://www.econbiz.de/10005070426
Diamond (1994) that an individual’s probability of leaving unemployment decreases with unemployment duration and increases …
Persistent link: https://www.econbiz.de/10005703013