Showing 1 - 10 of 254
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …
Persistent link: https://www.econbiz.de/10012961076
challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance … markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk of unskilled workers; (ii … welfare optimal redistribution and unemployment insurance policies …
Persistent link: https://www.econbiz.de/10013316451
issues for the exemplary case of Germany that suffers from high unemployment among low-skilled workers and rising wage …
Persistent link: https://www.econbiz.de/10012768248
Unemployment Benefits II, do not benefit from a minimum wage at all. Comparing the effects of a minimum wage with different types …
Persistent link: https://www.econbiz.de/10012769311
This paper bolsters Prescott's (2004) claim that high taxes are responsible for lacklustre labor market performance in continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and endogenous retirement. Labor taxation distorts not...
Persistent link: https://www.econbiz.de/10012772137
The quot;Easterlin paradoxquot; suggests that there is no link between a society's economic development and its average level of happiness. We re-assess this paradox analyzing multiple rich datasets spanning many decades. Using recent data on a broader array of countries, we establish a clear...
Persistent link: https://www.econbiz.de/10012756506
Pension systems have recently been under scrutiny because of the expected population ageing threatening its sustainability. This paper’s contribution to the debate is from a political economic perspective as it uses data from a Choice Experiment to investigate individual preferences for an...
Persistent link: https://www.econbiz.de/10013316320
We analyse how different labour market institutions - employment protection versus flexicurity - affect technology adoption in unionised firms. We consider both trade unions' incentives to oppose or endorse labour-saving technology, and firms' incentives to invest in such technology. We find...
Persistent link: https://www.econbiz.de/10013316440
Authors who consider efficient bargaining on the labor market predominantly focus on the Nash-bargaining solution. It seems, however, that actual labor market negotiations between an employers’ federation and a labor union are often characterized by mutual concessions, which may be accounted...
Persistent link: https://www.econbiz.de/10005406233
We study optimal nonlinear income taxation when earnings can differ because of both ability and luck, so the income tax has both a redistributive role and an insurance role. A substantial literature on optimal redistribution in the absence of uncertainty has evolved since Mirrlees' original...
Persistent link: https://www.econbiz.de/10013117794