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We exploit a series of public-sector entity relocations in South Korea as an exogenous source of variation in public sector employment to estimate the local employment multiplier. We find that the introduction of one public sector employment position increases private sector employment by one...
Persistent link: https://www.econbiz.de/10014450751
minimum wage causes more unemployment, but also leads to more skill formation as unemployment is concentrated on low … gains of more skill formation outweigh the social welfare losses of increased unemployment. Using a highly conservative …
Persistent link: https://www.econbiz.de/10010234542
In this paper we investigate the recent fall in unemployment, and the rise in part-time work and labour market … participation amongst prime-aged Germans. We show that unemployment fell because the Hartz reforms induced a large fraction of the … female non-participants accepted low-paid, part-time jobs. Counterfactual simulations using estimated transition …
Persistent link: https://www.econbiz.de/10012404545
implied by new unemployment claims: we estimate 20 million lost jobs by April 8th, far more than jobs lost over the entire … rise in the unemployment rate over the corresponding period to be surprisingly small, only about 2 percentage points. Third …
Persistent link: https://www.econbiz.de/10012206097
Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …
Persistent link: https://www.econbiz.de/10011398893
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
We study empirically how various labor market institutions - (i) union density, (ii) unemployment benefit remuneration …
Persistent link: https://www.econbiz.de/10013201691
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 a prime contributor to the slump. We estimate that...
Persistent link: https://www.econbiz.de/10010528328
) have been used as a means to fight high unemployment. This paper surveys the empirical studies of the effects of ALMPs in … Sweden. On the whole, ALMPs have probably reduced open unemployment, but also reduced regular employment. The overall policy …
Persistent link: https://www.econbiz.de/10011409177
to the additionality degree, the impact of the rate of long-term unemployment is positive. -- additionality ; cohesion …
Persistent link: https://www.econbiz.de/10003940115