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labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …The paper analyses complementarities among a variety of labour market policies. It shows: (a) that a wide range of …
Persistent link: https://www.econbiz.de/10005791663
employed to unemployment facilitates a reduction in the level of employment protection; that unemployment benefits are lower …, the more employment reacts to wages; and that a higher level of unemployment and a right-wing government slow down the …In this paper we argue that many of the rigidities that characterize European labour markets can be understood as the …
Persistent link: https://www.econbiz.de/10005114411
The current unemployment insurance and employment protection legislation were set up in an environment in which …
Persistent link: https://www.econbiz.de/10004979397
In this Paper, I analyse the pros and cons of implementing structural reforms of the labour market in booms versus …
Persistent link: https://www.econbiz.de/10005504569
This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher … tax burden on labour income and a more generous unemployment insurance system increase, whereas a higher centralization of …
Persistent link: https://www.econbiz.de/10009278129
specificities for the effect of labor market institutions on the employability of those workers. It shows that while unemployment … for employment protection, provided it is uniform across workers and not specifically higher for older workers. It …
Persistent link: https://www.econbiz.de/10008506842
The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … benefits, `benefit transfers', would help replace the unemployment trap by providing an incentive to seek and provide jobs. The …
Persistent link: https://www.econbiz.de/10005067548
With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate …
Persistent link: https://www.econbiz.de/10011083755
Unemployment insurance and employment protection are typically discussed and studied in isolation. ln this paper, we … employment protection - in the form of layoff taxes; indeed, optimality requires that layoff taxes be equal to unemployment …, risk neutral firms, and random shocks to productivity. We show that, in the 'first best', unemployment insurance comes with …
Persistent link: https://www.econbiz.de/10005124047
increase unemployment, while active labour market policies tend to reduce it. We also show that stricter employment protection … performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that high taxes …This article focuses on the role of labour market institutions in explaining different labour market developments in …
Persistent link: https://www.econbiz.de/10005094425