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unemployment as well as across different subgroups of participants. We find that participating in short-term training reduces the … remaining time in unemployment and moderately increases job stability. Long-term training programs initially prolong the … remaining time in unemployment, but once the scheduled program end is reached participants exit to employment at a much faster …
Persistent link: https://www.econbiz.de/10013105144
Many central banks have become more transparent during the last decade, in particular about macroeconomic prospects. This paper shows that such economic transparency could give central banks greater flexibility to respond to macroeconomic shocks. In particular, it allows central banks to...
Persistent link: https://www.econbiz.de/10013057641
a very detailed and flexible way. Information on job search behaviour, timing of unemployment and program start, as well …
Persistent link: https://www.econbiz.de/10013316049
This paper studies a two-region model in which unemployment, education decisions and interregional migration are … endogenous. The poorer region exhibits both lower wages and higher unemployment rates, and migrants to the richer region are … change reduces wages of the unskilled. Both education and migration decisions are distorted by a uniform unemployment …
Persistent link: https://www.econbiz.de/10012766901
educational type with high consumption value and low effort costs. This increases the skill mismatch and aggregate unemployment in …
Persistent link: https://www.econbiz.de/10013318060
Though online technology has generated excitement about its potential to increase access to education, most research has focused on comparing student performance across online and in-person formats. We provide the first evidence that online education affects the number of people pursuing formal...
Persistent link: https://www.econbiz.de/10012951555
This paper studies the impact of a desegregation ruling on several medium-run outcomes. This ruling mandates that seven school districts, which serve higher-income, predominantly-white families, accept a group of minority elementary school students who apply to transfer from a nearby,...
Persistent link: https://www.econbiz.de/10012979105
We investigate the effect of education Conditional Cash Transfer programs (CCTs) on teenage pregnancy. Our main concern is with how the size and sign of the effect may depend on the design of the program. Using a simple model we show that an education CCT that conditions renewal on school...
Persistent link: https://www.econbiz.de/10013315991
surrounding the effects of rule-based monetary policy on unemployment dynamics in the euro area and the US. We employ a Bayesian …
Persistent link: https://www.econbiz.de/10012753184
Schumpeter’s concept of creative destruction as the engine of capitalist development is well-known. However, that the destructive part of creative destruction is a social cost and therefore biases our estimate of the impact of the innovation on NNP and on welfare is hardly acknowledged, with...
Persistent link: https://www.econbiz.de/10013315579