Showing 1 - 10 of 30
Persistent link: https://www.econbiz.de/10008747128
This paper reviews a new framework for analyzing the interrelationship between inequality, unemployment, labor market …. It implies that the opening of trade may raise inequality and unemployment, but always raises welfare. Unilateral … reductions in labor market frictions increase a country's welfare, can raise or reduce its unemployment rate, yet always hurt the …
Persistent link: https://www.econbiz.de/10012461995
discontinuities in eligibility for severance pay and extended unemployment insurance (UI) benefits in Austria. Analyzing data for over …
Persistent link: https://www.econbiz.de/10012466022
inequality and raises unemployment, but expected welfare gains are ensured if workers are risk neutral. And while wage inequality …
Persistent link: https://www.econbiz.de/10003868538
apparently ended in 1982. During the past three years, Canadian unemployment rates have been some three percentage points higher … explanations for this new unemployment gap. We first show that the demographic and industrial composition of the two countries is … Canadian unemployment relative to U.S. unemployment can not be fully attributed to output movements. We find that the gap …
Persistent link: https://www.econbiz.de/10012477236
consistent with increasing inequality in every country, growth in residual wage inequality, rising unemployment, and reallocation … within and between industries. While the opening of trade yields welfare gains, unemployment and inequality within sectors … nonmonotonic effects on unemployment and inequality within sectors. As aggregate unemployment and inequality have within- and …
Persistent link: https://www.econbiz.de/10012464169
market frictions. We characterize the distributions of employment, unemployment, wages and income within and between sectors … as a function of structural parameters. We find that greater firm heterogeneity increases unemployment, wage inequality … frictions have non-monotonic effects on aggregate unemployment and inequality through within- and between-sector components …
Persistent link: https://www.econbiz.de/10012464522
In this paper, we review the literature on the "spike" in unemployment exit rates around benefit exhaustion, and … unemployment spells are measured has a large effect on the magnitude of the spike at exhaustion, both in existing studies and in … defined by the time spent on the unemployment system. In Austria, the exit rate from registered unemployment rises by over 200 …
Persistent link: https://www.econbiz.de/10012465763
Unemployment Insurance system to measure the effects of imperfect experience-rating on temporary layoffs and other types of … unemployment. We find a strong negative association between the degree of experience-rating and the rate of temporary layoff … unemployment, with the largest effect in recessionary years and the smallest effect in expansionary years. Increases in the degree …
Persistent link: https://www.econbiz.de/10012474950
receive unemployment insurance benefits. Using samples of unemployed workers from the March Current Population Survey, we … fraction who actually receive unemployment compensation. Perhaps surprisingly, we find that the decline in the fraction of … insured unemployment is due to a decline in the takeup rate for benefits . Our estimates indicate that takeup rates declined …
Persistent link: https://www.econbiz.de/10012476183