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It is often argued that a mandatory minimum wage is binding only if the wage density displays a spike at it. In this Paper we analyse a model with search frictions and heterogeneous production technologies, in which imposition of a minimum wage affects wages even though, after imposition, the...
Persistent link: https://www.econbiz.de/10005666625
we examine the policy effects of the minimum wage, unemployment benefits and search frictions. …
Persistent link: https://www.econbiz.de/10005281358
There are enormous differences across firms and their impact on the macroeconomy. Using unique administrative data from Portugal, enabling us to link companies to their owners, we show that firms owned by serial entrepreneurs (owners of multiple businesses) enjoy a "premium" along many...
Persistent link: https://www.econbiz.de/10013213032
This paper considers a matching model with heterogeneous jobs (unskilled and skilled) and workers (low- and high-educated) which allows for on-the-job search by mismatched workers. The latter are high-educated workers who transitorily accept unskilled jobs and continue to search for skilled...
Persistent link: https://www.econbiz.de/10005662403
labour market institutions (e.g. unemployment benefits, job security legislation and payroll taxes) have complementary … effects on unemployment; and thus (b) that policies aimed at reforming these institutions are also complementary. These policy …) is unlikely to achieve significant reductions in unemployment. Rather, labour market reform becomes particularly …
Persistent link: https://www.econbiz.de/10005791663
of different job search methods, conditional unemployment benefit hikes can improve welfare when individuals are risk …
Persistent link: https://www.econbiz.de/10005792237
The Swedish adult education program known as the Knowledge Lift (1997--2002) was unprecedented in its size and scope, aiming to raise the skill level of large numbers of low-skill workers. This paper evaluates the potential effects of this program on aggregate labour market outcomes. This is...
Persistent link: https://www.econbiz.de/10005123553
This Paper presents new evidence on the determinants of unemployment duration for men and women in Britain in the 1990s … the probability of unemployment spells ending with moves into full and part-time employment, self-employment and economic … inactivity. The data show that the median duration of unemployment spells among men, at 5 months, is almost double that for women …
Persistent link: https://www.econbiz.de/10005123953
overly long unemployment durations. We examine the influence of previous wages on unemployment durations for workers after …
Persistent link: https://www.econbiz.de/10008611007
We survey the recent literature on the effects of active labour market policies on individual labour market outcomes like employment and income, for adult female individuals without work in European countries. We consider skill-training programs, monitoring and sanctions, job search assistance,...
Persistent link: https://www.econbiz.de/10005662001