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unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job … search, more so in a world where job status is socially important. Thus prosperity and unemployment may go hand in hand … independent of the standard income effect. The paper shows that measured unemployment always may have a voluntary component. In …
Persistent link: https://www.econbiz.de/10013368629
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …
Persistent link: https://www.econbiz.de/10011602757
We measure individual bias in labor market expectations in German survey data and find that workers on average significantly overestimate their individual probabilities to separate from their job when employed as well to find a job when unemployed. These biases vary significantly between...
Persistent link: https://www.econbiz.de/10014247564
analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …
Persistent link: https://www.econbiz.de/10011515336
unemployment. If the jobs performed by domestic workers can be easily substituted by imports, then globalization reduces wages and … increases unemployment. In this situation, in the absence of any government intervention globalization not only reduces the … welfare of workers but could reduce social welfare as well. Both unemployment benefits and severance payments can protect …
Persistent link: https://www.econbiz.de/10010477152
challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance … markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk of unskilled workers; (ii … welfare optimal redistribution and unemployment insurance policies. -- Outsourcing ; unemployment ; social insurance …
Persistent link: https://www.econbiz.de/10003790635
Persistent link: https://www.econbiz.de/10011506447
Voluntary public unemployment systems are limited to a handful of countries, including Finland, Sweden, and, more … voluntary Danish system to explore the structure of unemployment insurance demand. The insurance take-up rate is surprisingly …
Persistent link: https://www.econbiz.de/10011509374
Authors who consider efficient bargaining on the labor market predominantly focus on the Nash-bargaining solution. It seems, however, that actual labor market negotiations between an employers federation and a labor union are often characterized by mutual concessions, which may be accounted for...
Persistent link: https://www.econbiz.de/10011507894
Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012226766