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Short-time work subsidies in a matching model

Meier, Volker - 2018

We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers' income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work...

Persistent link: https://www.econbiz.de/10011924471

The employment effect of reforming a public employment agency

Launov, Andrey; Wälde, Klaus - 2015

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...

Persistent link: https://www.econbiz.de/10011309228

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

Working time and employment under uncertainty

Chen, Yu-Fu; Funke, Michael - 2002

The standard literature on working time has modelled the decisions of firms in a deterministic framework in which firms can choose between employment and overtime (given mandated standard hours). Contrary to this approach, we consider the impact of uncertainty and real options on the decision of...

Persistent link: https://www.econbiz.de/10011409991

Working time regulation, unequal lifetimes and fairness

Leroux, Marie-Louise; Ponthiere, Gregory - 2016

We examine the redistributive impact of working time regulations in an economy with unequal lifetimes. It is shown that uniform working time reductions, when uncompensated (i.e. constant hourly wage), can reduce inequalities in realized lifetime well-being between short-lived and long-lived...

Persistent link: https://www.econbiz.de/10011586259

Employment and reallocation effects of higher minimum wages

Drechsel-Grau, Moritz - 2023

This paper studies the employment and reallocation effects of minimum wages in Germany in a search-and-matching model with endogenous job search effort and vacancy posting, multiple employment levels, a progressive tax-transfer system, and worker and firm heterogeneity. I find that minimum wages...

Persistent link: https://www.econbiz.de/10014267170

Labour market performance and start-up costs : OECD evidence

López-García, Paloma - 2003

This paper is intended to make a contribution to the empirical literature explaining the rise of unemployment since the 1970s in western economies by means of interactions between shocks and institutions. The contribution is twofold. First, the impact of a general feature of developed economies...

Persistent link: https://www.econbiz.de/10011514145

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

Education, lack of complementary investment and underemployment in an open economy

Marjit, Sugata; Ahuja, Rashmi; Pandey, Abhilasha - 2021

underemployment. Our paper offers to look at skill formation as a demand side problem not as a traditional supply side problem and … group leading to underemployment through the expansion of the informal sector. Both effects are due to shortage of …

Persistent link: https://www.econbiz.de/10012612938

Structural unemployment, underemployment, and secular stagnation

Hashimoto, Ken'ichi; Ono, Yoshiyasu; Schlegl, Matthias - 2020

economy permanently operates below capacity due to both structural unemployment and underemployment. The latter is a direct … underemployment. In contrast, the effects of wage and cost shocks depend on the degree of aggregate demand shortage, but they can … explain movements of unemployment and underemployment in opposite directions. Finally, we show that fluctuations in the total …

Persistent link: https://www.econbiz.de/10012219698

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