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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
We study the effects of employment protection taking into account that firms can invest in R&D or buy new technologies … innovation market. If employment protection is introduced, firms' willingness to pay for product or process innovations increases …
Persistent link: https://www.econbiz.de/10013024495
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
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
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 analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …
Persistent link: https://www.econbiz.de/10013316123
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age … and we show that higher minimum wage can raise aggregate employment. Expansion in the non-traded sector following a wage …
Persistent link: https://www.econbiz.de/10012835193
We show that in a Ricardo-Viner-type trade model with unemployment due to search and matching the productivity effect … dominates job destruction. We also show that employment may follow a non-monotonic pattern of adjustment to successive …
Persistent link: https://www.econbiz.de/10013144365
We use a unique dataset to estimate the impact of a large credit supply shock on employment in Spain. We exploit marked … credit more than other banks. We compare employment changes from 2006 to 2010 at firms heavily indebted to weak banks before … the crisis and the rest. Our estimates imply that these firms suffered an additional employment drop between 3 and 13 …
Persistent link: https://www.econbiz.de/10013060983
We study the subsidization of extra jobs in a general equilibrium framework. While the previous literature focuses on … symmetric marginal employment subsidies where firms are rewarded when they increase employment but punished when they reduce … their workforce, we consider an asymmetric scheme that only rewards employment expansion. This changes the incidence …
Persistent link: https://www.econbiz.de/10013316797