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By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the …
Persistent link: https://www.econbiz.de/10011507743
Sweden. On the whole, ALMPs have probably reduced open unemployment, but also reduced regular employment. The overall policy … conclusion is that ALMPs of the scale used in Sweden in the 1990s are not an efficient means of employment policy. To be …
Persistent link: https://www.econbiz.de/10011409177
By how much does an increase in operating effectiveness of a public employment agency (PEA) and a reduction of 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...
Persistent link: https://www.econbiz.de/10011309228
This paper is based on the ideas of political philosopher John Rawls who suggested that a just society is one which would be created behind a "veil of ignorance", that is to say, without knowing where one would end up in the society's distribution of talent and other attributes valued in the...
Persistent link: https://www.econbiz.de/10011497927
This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance (JSA), on the output cost and welfare cost of recessions. The paper develops a tractable incomplete-market model with search unemployment, skill depreciation during unemployment,...
Persistent link: https://www.econbiz.de/10011580666
The level of disposable income inequality in Israel has increased noticeably since the mid-1980s and today it is above most developed countries. In contrast, market income inequality, which hit a record level in 2002, has reversed its course since then and has shown a sharp decline in subsequent...
Persistent link: https://www.econbiz.de/10011669422
This paper explores the impact of undocumented as opposed to documented immigration in a model featuring search frictions and non-random hiring that is consistent with novel empirical evidence presented. In this framework, undocumented immigrants' wages are the lowest of all workers due to their...
Persistent link: https://www.econbiz.de/10011688026
U3, the official unemployment rate, is an inadequate gauge of labor-market slack and the extent to which it misinforms varies substantially over the business cycle. The U6 unemployment rate is usually about 4 percentage points above U3. However, during the Great Recession it exceeded U3 by 7...
Persistent link: https://www.econbiz.de/10012123041
The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s. This period includes the boom and bust cycle of the early 1920s as well as the Great Depression of the early 1930s. The events of the early 1920s are particularly intriguing,...
Persistent link: https://www.econbiz.de/10009533963
How can a country improve the productivity growth in its business sector and reach its growth potential? Sweden during … sector. In the 1990s, Sweden implemented a reform package that ignited a successful reorganization of a business sector that … of Sweden's reforms. We also discuss how the reform experience from a developed country such as Sweden can be useful for …
Persistent link: https://www.econbiz.de/10012002862