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unemployment to employment using detailed Danish event history data obtained from administrative registers. We find large positive …
Persistent link: https://www.econbiz.de/10010945065
severe and prolonged macroeconomic shock affects wage rigidity and unemployment. Our second survey was conducted in 1998 …, when the unemployment rate was much higher, and the inflation rate much lower, than when we conducted the first survey in … 1991. We find no evidence that the increase in unemployment has softened the mechanisms generating wage rigidity. On the …
Persistent link: https://www.econbiz.de/10005207250
To examine the macro economic effects of government tax and punishment policies, this paper develops a three-sector general quilibrium model featuring matching frictions, heterogenous abilities and an informal sector with tax evasion. The choice of education is determined endogenously. Job...
Persistent link: https://www.econbiz.de/10005207263
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social … multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in …
Persistent link: https://www.econbiz.de/10005207266
Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search …
Persistent link: https://www.econbiz.de/10005082496
force participation is high and the unemployment rate is low (also for young workers). Among the unemployed there are …
Persistent link: https://www.econbiz.de/10008502567
. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unem­ployment in the last two decades in combination with …
Persistent link: https://www.econbiz.de/10008502568
The paper studies the effects of changes in the age structure on aggregate labour market performance using a panel of Swedish local labour markets. The methodology of Shimer (2001) is used for studying the effects of youth cohort size and is extended to include the full age distribution. The...
Persistent link: https://www.econbiz.de/10005190979
This study evaluates the long-term cost of unemployment in Finland by focusing on the deep recession period of the … early 1990s. The number of plant closures increased sharply during the recession and the unemployment rate rose by more than … 13 percentage points. In the analysis, prime working-age men who face unemployment due to plant closure are matched to …
Persistent link: https://www.econbiz.de/10005190983
estimate the effects of the program. The results suggest that the program increased transitions from unemployment to work …
Persistent link: https://www.econbiz.de/10005423995