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Providing income support to unemployed education-leavers reduces the returns to investments in education because it makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether conditioning the prospective entitlement to unemployment...
Persistent link: https://www.econbiz.de/10013285842
The generosity of social insurance coverage often increases with the beneficiary's age and their contribution time to social security, but existing policies vary considerably. We study the differentiation of unemployment insurance (UI) generosity by evaluating how the insurance incentive...
Persistent link: https://www.econbiz.de/10014383767
receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance …
Persistent link: https://www.econbiz.de/10003935195
We investigate the relationship between life-cycle wages and flexicurity in Denmark. We separate permanent from … transitory wages and characterise flexicurity using membership of unemployment insurance funds. We find that flexicurity is …
Persistent link: https://www.econbiz.de/10009273938
. The value of this state is therefore a fundamental determinant of wages and, in turn, labor supply and job creation. We … measure the effect of changes in the value of nonemployment on wages in existing jobs and among job switchers. Our quasi … document that wages are insensitive to UI benefit levels: point estimates imply a wage response of less than $0.01 per $1.00 UI …
Persistent link: https://www.econbiz.de/10011931346
setting wages and determining work amenities. In the administrative data, we causally examine through which channels unions … depending on the age at which workers enroll. In addition, we show that focusing on a restricted set of outcomes, such as wages …
Persistent link: https://www.econbiz.de/10014288149
This paper proposes a new approach to evaluate the macroeconomic effects of the “Hartz IV” reform, which reduced the generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform initiates both a partial effect and an equilibrium...
Persistent link: https://www.econbiz.de/10012485370
In this paper we investigate the recent fall in unemployment, and the rise in part-time work and labour market participation amongst prime-aged Germans. We show that unemployment fell because the Hartz reforms induced a large fraction of the long-term unemployed to deregister as jobseekers....
Persistent link: https://www.econbiz.de/10012404545
This paper provides a review of the recent literature on how incentives in unemployment insurance (UI) can be improved. We are particularly concerned with three instruments, viz. the duration of benefit payments (or more generally the time sequencing of benefits), monitoring in conjunction with...
Persistent link: https://www.econbiz.de/10011507749
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10012625877