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implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment … deterioration. To support employment, we suggest that systems grounded in contribution-based unemployment insurance schemes are to …We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the …
Persistent link: https://www.econbiz.de/10012958450
This paper studies the unemployment accelerator, a mechanism where workers directly affect the firms' financial … conditions, and, in turn, firms' financial conditions feedback again to the real economy. The unemployment accelerator builds on … in labor and financial markets. We provide compelling micro-evidence of the unemployment accelerator: a 10% increase in a …
Persistent link: https://www.econbiz.de/10012964383
This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We … analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment … stronger productivity growth in the poor country, reducing both migration flows and unemployment in the rich country. This …
Persistent link: https://www.econbiz.de/10012779814
unemployment benefits. A lower tax on labour increases net wages and - for certain benefit-systems - unemployment benefits as well …We investigate how continental European unemployment can be reduced without reducing unemployment benefits and without … reducing the net income of low-wage earners. Lower unemployment replacement rates reduce unemployment, the net wage and …
Persistent link: https://www.econbiz.de/10013317396
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 …This article focuses on the role of labour market institutions in explaining different labour market developments in …
Persistent link: https://www.econbiz.de/10012769662
Even before the Great Recession, U.S. employment growth was unimpressive. Between 2000 and 2007, the economy gave back … the considerable employment gains achieved during the 1990s, with a historic contraction in manufacturing employment being … force behind both recent reductions in U.S. manufacturing employment and — through input-output linkages and other general …
Persistent link: https://www.econbiz.de/10013021701
of long-term unemployed. The remaining regions had to form Joint Local Agencies, where the local social benefit … administrations work together with the local public employment services. We find that despite positive self-selection Approved Local … correlated with the job finding probability of the long-term unemployed. Thus, regions that self-selected into Approved Local …
Persistent link: https://www.econbiz.de/10013124387
labour market policies to a more active focus on job search and employment. The policy tightened eligibility for unemployment … were also in place during the 1970s and 1980s where high and persistent unemployment was prevalent. Labour market …Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity …
Persistent link: https://www.econbiz.de/10013316818
should be exclusively targeted at unemployed workers with low initial exit rates to employment. For all other workers, they … measures such as monitoring and job search assistance for each period of unemployment in a dynamic environment with negative … duration dependence in the exit rates to employment and potential depreciation in reemployment wages. We show that the main …
Persistent link: https://www.econbiz.de/10013149361
the share of the outsourced workforce is not too large, this wage moderation effect on domestic employment outweighs the … direct substitution effect so that domestic employment increases in unionized firms as outsourcing costs fall. This does not … affect the well-established qualitative results of the impact labour tax reforms have: changes in the wage tax rate, the tax …
Persistent link: https://www.econbiz.de/10012770785