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Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment loss. Employers’ reticence to hire in the preceding expansion, associated in part with a lack of confidence it would last, contributed to an employment shortfall equivalent to...
Persistent link: https://www.econbiz.de/10009246610
efficiency wages, hysteresis, and insiders/outsiders are related to a core theory in which the unemployment benefit is the basic …
Persistent link: https://www.econbiz.de/10005792267
post-unemployment wages. I test these ideas on longitudinal data from Social Security records (LLMDB). Using a difference …
Persistent link: https://www.econbiz.de/10005792393
Similar durations but lower flows into unemployment gave Europe lower unemployment rates than the United States until the 1970's. But since 1980, higher durations have kept unemployment rates in Europe persistently higher than in the U.S. A general equilibrium search model with human capital...
Persistent link: https://www.econbiz.de/10005123735
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 optimal non-linear income taxation. We find that the...
Persistent link: https://www.econbiz.de/10005067608
risk-averse and wages are determined in a bilateral Nash bargain. As eligibility for UI does not automatically follow from …. Unifying the French unemployment compensation system would raise both wages and unemployment by around 1.5%. The re …
Persistent link: https://www.econbiz.de/10005656460
insurance (UI) on reemployment wages. This paper estimates a positive UI wage effect exploiting an age-based regression … balance between two offsetting forces: UI causes agents to seek higher-wage jobs, but also reduces wages by lengthening … both in our sample and across studies, reconciling disparate wage-effect estimates. Empirically, UI raises wages by …
Persistent link: https://www.econbiz.de/10011272710
This paper investigates the effects of services offshoring on wages using individual-level data combined with industry … real wages. Hence, offshoring has contributed to a widening of the wage gap between skilled and less skilled workers. This …
Persistent link: https://www.econbiz.de/10009359484
This paper focuses on the determinants of self-employment among rural to urban migrants in China. Two self-selection mechanisms are analysed: the first relates to the manner in which migrants choose self-employment or paid work based on the potential gains from either type of employment; the...
Persistent link: https://www.econbiz.de/10009205061
In this paper, we propose a job assignment model allowing for a gender difference in access to jobs. Males and females compete for the same job positions. They are primarily interested in the best-paid jobs. A structural relationship of the model can be used to empirically recover the...
Persistent link: https://www.econbiz.de/10008459767