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such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005766226
the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We …
Persistent link: https://www.econbiz.de/10013316057
probability of leaving unemployment? The experiment indicates that a relatively large fraction (one third) of the referrals do not …, especially among young people. However, we find no significant impact on the duration of unemployment …
Persistent link: https://www.econbiz.de/10013316401
The rise in European unemployment has inspired much new research on the causes and mechanisms of unemployment …, analogous to the interest devoted to unemployment in the 1930s. The new research has to a large extent focused on wage … for the existence and persistence of involuntary unemployment. This paper offers a survey of recent research on …
Persistent link: https://www.econbiz.de/10012443848
receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …
Persistent link: https://www.econbiz.de/10008596606
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10005766044
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/10005766180
a severe macroeconomic recession with mass unemployment. By the early 1990s, workers on fixed-term contracts accounted …
Persistent link: https://www.econbiz.de/10005094398
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as …
Persistent link: https://www.econbiz.de/10005405943
services are produced both in the market and within the households. We use the model to examine how unemployment and welfare … reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower taxes on …
Persistent link: https://www.econbiz.de/10005406341