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This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …
Persistent link: https://www.econbiz.de/10010261566
. Institutions and other structural factors are also found to be significant and important determinants of the rate of part … markets. Less robust evidence suggests the presence of unemployment traps for some potential part-time workers. Cross …
Persistent link: https://www.econbiz.de/10010277065
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …
Persistent link: https://www.econbiz.de/10010261222
We show that a stronger earnings relationship of unemployment compensation reduces wages and increases employment in an …-manufacturing wages and a 7.3% reduction in unemployment. …
Persistent link: https://www.econbiz.de/10010262098
Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the … consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover …
Persistent link: https://www.econbiz.de/10010262240
for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
Persistent link: https://www.econbiz.de/10010262567
provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …
Persistent link: https://www.econbiz.de/10010262594
on their interactions with the profile of unemployment benefits and with active labor market programs. …
Persistent link: https://www.econbiz.de/10010276998
We identify the causal effect of lump-sum severance payments on non-employment duration in Norway by exploiting a discontinuity in eligibility at age 50. We find that a severance payment worth 1.2 months' earnings at the median lowers the fraction re-employed after a year by seven percentage...
Persistent link: https://www.econbiz.de/10010283587
frictions and unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance … volatility and persistence of vacancies and unemployment. …
Persistent link: https://www.econbiz.de/10010285522