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Multiple job holding (MJH) is increasingly frequent in industrialized countries. Individuals holding a secondary job add to their experience, skills, and networks. We study the long-run labor market outcomes after MJH and investigate whether career effects can be validated. We employ...
Persistent link: https://www.econbiz.de/10015186323
We examine moonlighting by politicians in Germany. In July 2007, the German Supreme Court adjudicated that members of …
Persistent link: https://www.econbiz.de/10010383227
Persistent link: https://www.econbiz.de/10003498737
This paper investigates the incentives that may induce workers to supplement income from unemployment benefits by … schedule of benefit payments, we describe how informal sector participation changes over the duration of unemployment, in turn … analysis identifies scope for reallocation of resources towards less generous programmes within unemployment protection, which …
Persistent link: https://www.econbiz.de/10011761509
In this paper we analyze the relationship between unemployment and consumption. We study this relationship with panel … empirical results indicate that an increase in the duration of unemployment spells of male household heads is associated with … Mediterranean, provide a fundamental source of insurance against unemployment in southern Europe. …
Persistent link: https://www.econbiz.de/10009781654
Using an intertemporal model of saving and capital accumulation with two types of agents (workers and capitalists) we demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to...
Persistent link: https://www.econbiz.de/10011481224
The issue of whether unemployment benefits should increase or decrease over the unemployment spell is analyzed in an … analytically tractable model allowing moral hazard, adverse selection and hidden savings. Analytical results show that when the … search productivity of unemployed is constant over the unemployment spell, benefits should typically increase or be constant …
Persistent link: https://www.econbiz.de/10011513998
In this paper we consider a risk averse worker who is moving back and forth between employment and unemployment … characterize the worker s optimal savings and job-search behavior as well as the resulting consumption paths and wealth formation … wealth decreases, a finding which is in accordance with our empirical duration analysis using micro data on unemployment …
Persistent link: https://www.econbiz.de/10011398412
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
recessions. First, we show that the consumption risk of short-time work is considerably smaller compared to unemployment using … risk of workers, which mitigates their precautionary savings motive. Using a quantitative model analysis, we show that this … frictions featuring an endogenous firing and short-time work decision. In recessions, short-time work reduces the unemployment …
Persistent link: https://www.econbiz.de/10013332143