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Short-time work compensations and employment

Cahuc, Pierre - In: IZA World of Labor (2014)

Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...

Persistent link: https://www.econbiz.de/10011404834

Short-time work compensation schemes and employment

Cahuc, Pierre - In: IZA World of Labor (2019)

Persistent link: https://www.econbiz.de/10012120538

What hides behind the German labor market miracle? : unemployment insurance reforms and labor market dynamics

Hartung, Benjamin; Jung, Philip; Kuhn, Moritz - 2018

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in longterm unemployment benefits using a heterogeneous-agent labor …

Persistent link: https://www.econbiz.de/10011936315

Job stability, earnings dynamics, and life-cycle savings

Kuhn, Moritz; Ploj, Gašper - 2020

Labor markets are characterized by large heterogeneity in job stability. Some workers hold lifetime jobs, whereas others cycle repeatedly in and out of employment. This paper explores the economic consequences of such heterogeneity. Using Survey of Consumer Finances (SCF) data, we document a...

Persistent link: https://www.econbiz.de/10012316968

Short-time work compensations and employment

Cahuc, Pierre - In: IZA World of Labor (2014) May, pp. 1-10

Persistent link: https://www.econbiz.de/10010884429

Should unemployment insurance be asset-tested

Koehne, Sebastian; Kuhn, Moritz - 2013

We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … incentive to save and fewer private resources are used for consumption smoothing during unemployment. Our results show that in a … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal. …

Persistent link: https://www.econbiz.de/10009765509

Insurance in human capital models with limited enforcement

Krebs, Tom; Kuhn, Moritz; Wright, Mark L. J. - 2016

This paper develops a tractable human capital model with limited enforceability of contracts. The model economy is populated by a large number of long-lived, risk-averse households with homothetic preferences who can invest in risk-free physical capital and risky human capital. Households have...

Persistent link: https://www.econbiz.de/10011500171

Which ladder to climb? : wages of workers by job, plant, and education

Bayer, Christian; Kuhn, Moritz - 2018

workforce, and labor market institutions. …

Persistent link: https://www.econbiz.de/10011902849

The short-run macro implications of school and child-care closures

Fuchs-Schündeln, Nicola; Kuhn, Moritz; Tertilt, Michele - 2020

The COVID19 crisis has hit labor markets. School and child-care closures have put families with children in challenging situations. We look at Germany and quantify the macroeconomic importance of working parents. We document that 26 percent of the German workforce have children aged 14 or...

Persistent link: https://www.econbiz.de/10012231511

Earnings losses and labor mobility over the life cycle

Jung, Philipp; Kuhn, Moritz - 2017 - First version: June, 2011

Large and persistent earnings losses following displacement have adverse consequences for the individual worker and the macroeconomy. Leading models cannot explain their size and disagree on their sources. Two mean-reverting forces make earnings losses transitory in these models: search as an...

Persistent link: https://www.econbiz.de/10011669682