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Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...
Persistent link: https://www.econbiz.de/10011450828
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
-factor productivity, capital deepening and employment) for an almost complete set of OECD countries, ii.) non-linear results on how …
Persistent link: https://www.econbiz.de/10012388225
effects on physical capital, employment and productivity through a production function. On the basis of reforms defined as … impacts. By contrast, the long-term impact of policies coming only via the employment rate channel materialises at shorter …
Persistent link: https://www.econbiz.de/10011638280
immigrants' wages are the lowest of all workers due to their ineligibility for unemployment benefits and lower wage bargaining …, resulting in gains in terms of both employment and wages for natives, which does not hold for documented immigration. Stricter … immigration enforcement mutes job creation and raises the unemployment rate of all workers, having an even larger detrimental …
Persistent link: https://www.econbiz.de/10011688026
at the state level are used to evaluate the effectiveness of these employment and knowledge-capital tax incentives in …
Persistent link: https://www.econbiz.de/10013473649
Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited … boost employment both in the short run and the long run. Calibrating the model and comparing the results with recent …
Persistent link: https://www.econbiz.de/10011398893
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 observed post-reform unemployment decline. The role of unemployment benefit …
Persistent link: https://www.econbiz.de/10011309228
analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …. Our findings allow us to draw cautious conclusions on employment subsidies paid as welfare benefits. …
Persistent link: https://www.econbiz.de/10011515336
Recent evidence suggests that self-regulation plays an important role for labor market success. We conducted a randomized natural field experiment embedded in an existing labor market reactivation program to examine the effect of a self-regulation training on long-term unemployed individuals....
Persistent link: https://www.econbiz.de/10011573332