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This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in …
Persistent link: https://www.econbiz.de/10013316123
various performance indicators (unemployment, long-term unemployment, employment, activity rate). Our results confirm that … high taxes increase unemployment, while active labour market policies tend to reduce it. We also show that stricter …
Persistent link: https://www.econbiz.de/10012769662
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10012994696
This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … of the unemployment rate. Our novel contribution is the estimation of panel models where we allow for heterogeneous … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher …
Persistent link: https://www.econbiz.de/10013120904
Zodrow and Mieszkowski (1986) are not preserved in the presence of unemployment. In the present paper we challenge this view … labor market is characterized by some efficient bargaining solution, the results of Zodrow and Mieszkowski (1986) are …
Persistent link: https://www.econbiz.de/10013141502
In this paper we examine the importance of imperfect competition in product and labour markets in determining the long-run welfare effects of tax reforms assuming agent heterogeneity in capital holdings. Each of these market failures, independently, results in welfare losses for at least a...
Persistent link: https://www.econbiz.de/10013315966
Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties … were also in place during the 1970s and 1980s where high and persistent unemployment was prevalent. Labour market …
Persistent link: https://www.econbiz.de/10013316818
unemployment that are in line with the data …
Persistent link: https://www.econbiz.de/10013046052
market in France has polarized: employment shares of high and low wage occupations have grown, while middle wage occupations … conclude that technological change, mediated through techies, is an important cause of polarization in France. Firm-level trade …
Persistent link: https://www.econbiz.de/10012987341
that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …
Persistent link: https://www.econbiz.de/10012763996