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This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10010877633
labour market policies to a more active focus on job search and employment. The policy tightened eligibility for unemployment …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 …
Persistent link: https://www.econbiz.de/10013316818
levels of unemployment. We consider a general equilibrium model where firms in one sector compete à la Cournot and a real … wage rigidity leads to unemployment. If firms consider only partial equilibrium effects when choosing quantities, the …
Persistent link: https://www.econbiz.de/10005766055
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
In this paper we analyse the short- and long-run relationship between employment growth, inflation and output growth in … causality tests. The empirical results strongly support the existence of a single cointegrating relationship between employment … growth, inflation and output growth with bidirectional causality between employment growth and inflation as well as output …
Persistent link: https://www.econbiz.de/10013092691
analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …. Our findings allow us to draw cautious conclusions on employment subsidies paid as welfare benefits …
Persistent link: https://www.econbiz.de/10012984507
performance. Our analysis has two special features. First, apart from the two labour market states – employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in … interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market …
Persistent link: https://www.econbiz.de/10013051614
labour market policies to a more active focus on job search and employment. The policy tightened eligibility for unemployment …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 …
Persistent link: https://www.econbiz.de/10005765697
The Danish labour market has undergone a remarkable change during the 1990s with a reduction of the unemployment rate … unemployment insurance system. This paper offers an overview of the developments in the Danish labour market during the 1990s, and … reviews the major policy shifts, as well as possible explanations of the remarkable reduction in unemployment. …
Persistent link: https://www.econbiz.de/10005766028
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …
Persistent link: https://www.econbiz.de/10013051265