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Income and Employment Effects of Health Shocks - A Test Case for the German Welfare State

Riphahn, Regina T. - Institute for the Study of Labor (IZA) - 1998

of health shocks on employment and economic well-being of older workers. A health shock trebles the probability of … leaving the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average … and those individuals with the highest remaining earnings potential are least affected by the health shock. Welfare state …

Persistent link: https://www.econbiz.de/10005703254

Unemployment in the European Union: A Dynamic Reappraisal

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2002

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...

Persistent link: https://www.econbiz.de/10005703234

Unemployment in the European Union: Institutions, Prices, and Growth

Karanassou, Marika; Sala, Hector; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 2003

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the interplay between these adjustment processes and the...

Persistent link: https://www.econbiz.de/10005703238

Centralized Bargaining, Multi-Tasking and Work Incentives

Lindbeck, Assar; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 1999

centralized bargaining inhibits firms from using wages to induce workers to learn how to use their experience from one set of …

Persistent link: https://www.econbiz.de/10005703276