Showing 1 - 10 of 19
most effective program to bring down unemployment. Public employment services have some impact while subsidized jobs are …We present a theoretical and empirical analysis of different types of active labour market policies (ALMP). In our … empirical analysis we use data on 20 OECD countries covering the time period 1985-99. We find that labour market training is the …
Persistent link: https://www.econbiz.de/10005498201
2008-2009 crisis. This paper discusses the efficiency of this type of policy and investigates its impact on unemployment … and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …
Persistent link: https://www.econbiz.de/10008854459
-firm wage differentials by differences in labour productivity and job turnover. More precisely, our model predicts that the … lower unemployment risks within their firm. In our model, wages are set to maximize a Nash bargain criterion, and according …
Persistent link: https://www.econbiz.de/10005124297
Employment protection is often related to costs incurred by firms when they fire a worker. The stability of the … employment relationship, enhanced by employment protection, is also favourable to the productivity of the job. We analyse … employment protection focusing on this trade-off between adjustment costs and productivity. We show that from a welfare point of …
Persistent link: https://www.econbiz.de/10005504274
This Paper explores the optimal interaction between the tax system and unemployment compensation in insuring people … against the risks of involuntary unemployment and low ability. To that end, we introduce search unemployment in a model of … and the unemployment benefit) increases if, for efficient agents, the participation constraint (governing job search …
Persistent link: https://www.econbiz.de/10005067608
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … originates from the increased effectiveness of labour supply. We advocate that for a given loss in welfare for the unemployed … search guidelines - affect unemployment. In our analysis we find that not only micro-effects concerning the behaviour of …
Persistent link: https://www.econbiz.de/10005067430
We argue that the efficiency of the Danish flexicurity Model, which combines high unemployment benefits with low job … citizens raises moral hazard issues which hinder the implementation of efficient public unemployment insurance. …
Persistent link: https://www.econbiz.de/10005114335
This Paper presents the results of an experimental study on unemployment benefit sanctions. The experimental set … that discourage the unemployed from risking benefit sanctions (the ex ante effect). We find that both effects matter … outflow from unemployment. …
Persistent link: https://www.econbiz.de/10005791743
matching model of a rigid labour market including firing costs, temporary jobs and a minimum wage in order to analyse this …The systematic use of experience rating is an original feature of the US unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require …
Persistent link: https://www.econbiz.de/10005656331
This Paper analyses the design of optimal unemployment insurance in a search equilibrium framework where search effort … among the unemployed is not perfectly observable. We examine to what extent the optimal policy involves monitoring of search … featuring indefinite payments of benefits and a system with a time limit on unemployment benefit receipt. The optimal sanction …
Persistent link: https://www.econbiz.de/10005498018