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with the 1980s recession it is concluded that there is a high cross-country correlation of the unemployment rates over the …. Young workers are the most affected by the Great Recession both in terms of unemployment rates as well as employment rates … impact. To analyze how economic growth and labor market institutions have affected unemployment two types of models are …
Persistent link: https://www.econbiz.de/10011144443
Persistent link: https://www.econbiz.de/10011092728
In this paper, we investigate the relationship between financial wealth, reservation wages and labour market transitions. According to the theory, higher levels of wealth will result in higher reservation wages and lower employment probabilities. We test for the validity of this assumption by...
Persistent link: https://www.econbiz.de/10011092772
This paper studies how changes in the two key parameters of unemployment insurance - the benefit replacement rate (RR …) and the potential duration of benefits (PBD) - affect the duration of unemployment.In 1989, the Austrian government made … unemployment insurance more generous by changing, simultaneously, the maximum duration of regular unemployment benefits and the …
Persistent link: https://www.econbiz.de/10011092819
consequence of this distortion is the coming about of wait unemployment, i.e., unemployed queuing for high-paid jobs. Employment …
Persistent link: https://www.econbiz.de/10011092828
Worksharing is considered by many as a promising public policy to reduce unemployment. In this paper we present a … evidence for the proposition that worksharing would promote employment or reduce unemployment. In an appendix we present an …
Persistent link: https://www.econbiz.de/10011090366
centralization of wage bargaining and of the interaction between those institutional variables, on real wages, unemployment and … decrease in the number of unions) triggers two opposite effects on real wages, unemployment and inflation. It reduces the … competition effect" raises real wages, unemployment and in°ation. But the decrease in the number of unions also strengthens the …
Persistent link: https://www.econbiz.de/10011090389
-off policy of firms can explain the relatively high level of unemployment amongst lower educated workers and the relatively … strong sensitivity of their unemployment rate to the business cycle. We find that lay-off rates decrease with education but … with a higher level of education can not explain the stronger cyclicality of the unemployment rate for lower educated …
Persistent link: https://www.econbiz.de/10011090392
wage tax such that the marginal tax wedge remains unaffected|increases employment, reduces the equilibrium unemployment … of replacing employment taxes by payroll taxes increases employment and reduces the equilibrium unemployment rate, while …
Persistent link: https://www.econbiz.de/10011090457
greater the productivity gap from the leader country, but differences in unemployment benefit systems can lead to relative … social welfare benefits generate high unemployment and reduce the amount of labour employed for R&D purposes. Furthermore, it …
Persistent link: https://www.econbiz.de/10011090640