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whether policy effects vary across countries depending on the level of economic development and whether institutions have an … influence on economic outcomes. The paper lists of policies and institutions that could be used to quantify the effect of …
Persistent link: https://www.econbiz.de/10012388225
unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced … effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit … the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long …
Persistent link: https://www.econbiz.de/10011309228
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10011507743
This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The …
Persistent link: https://www.econbiz.de/10011580666
We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration … more stringent labor market institutions attenuate both fiscal spending multipliers and macroeconomic volatility. This is … emanate from employment protection, followed by union density. While some labor market institutions mitigate the …
Persistent link: https://www.econbiz.de/10013201691
aggregate share of self-employed as well as its breakdown by age, skill and gender. The generosity of unemployment benefits, and …
Persistent link: https://www.econbiz.de/10012388242
This paper examines the impact of labour and product market reforms on economic growth in 25 OECD countries between 1985 and 2013, and tests whether this impact is conditioned by the fiscal policy stance, i.e. whether there are fiscal expansions or adjustments. Our local projection results...
Persistent link: https://www.econbiz.de/10012238489
Randomized experiments provide policy relevant treatment effects if there are no spillovers between participants and nonparticipants. We show that this assumption is violated for a Danish activation program for unemployed workers. Using a difference-in-difference model we show that the...
Persistent link: https://www.econbiz.de/10011309229
Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor …
Persistent link: https://www.econbiz.de/10011450828
impact on labor productivity and they lead to a fall in the unemployment rate. Collective bargaining reforms do not seem to …
Persistent link: https://www.econbiz.de/10013176915