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The effect of shocks to labour market flows on unemployment and participation rates

Dixon, Robert J.; Lim, Guay C.; Ours, Jan C. van - 2014

This paper studies collective contests with endogenous cost sharing, general effort costs and intra-group heterogeneity of prize-valuation. Our objective is to clarify the relationship between cost sharing, intra-group heterogeneity within the competing groups and the elasticity of the marginal...

Persistent link: https://www.econbiz.de/10010361496

Inequality in the impact of the Coronavirus shock : evidence from real time surveys

Adams-Prassl, Abi; Boneva, Teodora; Golin, Marta; Rauh, … - 2020

We present real time survey evidence from the UK, US and Germany showing that the labor market impacts of COVID-19 differ considerably across countries. Employees in Germany, which has a well-established short-time work scheme, are substantially less likely to be affected by the crisis. Within...

Persistent link: https://www.econbiz.de/10012211549

Hours worked in Europe and the US : new data, new answers

Bick, Alexander; Brüggemann, Bettina; … - 2016

We use national labor force surveys from 1983 through 2011 to construct hours worked per person on the aggregate level and for different demographic groups for 18 European countries and the US. We find that Europeans work 19% fewer hours than US citizens. Differences in weeks worked and in the...

Persistent link: https://www.econbiz.de/10011524624

The effect of unfair chances and gender discrimination on labor supply

Gagnon, Nickolas; Bosmans, Kristof; Riedl, Arno - 2020

piece-rate wage, we investigate the causal effect of neutral and gender-discriminatory unfair chances on labor supply. We …, unfair based on an unspecified source, or unfair based on gender discrimination. Unequal pay reduces labor supply of low … chances matters. When a low wage is the result of gender-discriminatory chances, workers matched with a high-wage worker …

Persistent link: https://www.econbiz.de/10012154293

The optimal distribution of the tax burden over the business cycle

Angelopoulos, Konstantinos; Asimakopoulos, Stylianos; … - 2013

This paper analyses optimal income taxes over the business cycle under a balanced-budget restriction, for low, middle and high income households. A model incorporating capital-skill complementarity in production and differential access to capital and labour markets is de-veloped to capture the...

Persistent link: https://www.econbiz.de/10010210127

The short-run macro implications of school and child-care closures

Fuchs-Schündeln, Nicola; Kuhn, Moritz; Tertilt, Michele - 2020

The COVID19 crisis has hit labor markets. School and child-care closures have put families with children in challenging situations. We look at Germany and quantify the macroeconomic importance of working parents. We document that 26 percent of the German workforce have children aged 14 or...

Persistent link: https://www.econbiz.de/10012231511

Scars of recessions in a rigid labor market

Cockx, Bart; Ghirelli, Corinna - 2015

We study the impact of graduating in a recession in Flanders (Belgium), i.e. in a rigid labor market. In the presence of a high minimum wage, a typical recession hardly influences the hourly wage of low educated men, but reduces working time and earnings by about 4.5% up to twelve years after...

Persistent link: https://www.econbiz.de/10010491732

Unemployment benefits, contract length and nominal wage flexibility

Calmfors, Lars; Johansson, Åsa - 2001

We show in a union-bargaining model that a decrease in the unemployment benefit level increases not only equilibrium employment, but also nominal wage flexibility, and thus reduces employment variations in the case of nominal shocks. Long-term wage contracts lead to highter expected real wages...

Persistent link: https://www.econbiz.de/10011399303

Does short-time work save jobs? : a business cycle analysis

Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - 2014

In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...

Persistent link: https://www.econbiz.de/10010249718

Business cycle asymmetries and the labor market

Kohlbrecher, Britta; Merkl, Christian - 2016 - First version: April 2015. This version: February 2016

This paper shows that the matching function and the Beveridge curve in the United States exhibit strong nonlinearities over the business cycle. These patterns can be replicated by enhancing a search and matching model with idiosyncratic productivity shocks for new contacts. Large negative...

Persistent link: https://www.econbiz.de/10011444082

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