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theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the effect can be … generally leads to an increase in unemployment as well. In this case, a social planner faces a trade off between redistribution … of rents and unemployment. …
Persistent link: https://www.econbiz.de/10011650711
Since the 1980s, in West Germany has been a substantial decline in the number of people of working age who are not in paid employment. Accordingly, the share of 18- to 67-year-olds without a job has also fallen. This increase in employment figures primarily benefited those in marginal employment...
Persistent link: https://www.econbiz.de/10011476305
test the explanatory power of the lockdown index for short-time work and unemployment increases by canton and industry …
Persistent link: https://www.econbiz.de/10013205795
In the last decade the available labor force has expanded in Germany-despite the decline in the working-age population. The reason: labor market participation has increased, for women in particular and older people in general. Also noticeable was a rise in qualification level because...
Persistent link: https://www.econbiz.de/10011723167
The debate about the massive influx of refugees into Germany often focuses solely on the short-term costs. But while these expenditures are bound to be substantial in the coming years, the discussion neglects the long-term economic potential of a successful integration of refugees - often, young...
Persistent link: https://www.econbiz.de/10011387999
The aim of this paper is to examine the dynamical and structural characteristics of Slovakia using a dynamic stochastic general equilibrium model augmented with search and matching mechanisms and other forms of frictions. I implement a switching mechanism to account for the monetary regime...
Persistent link: https://www.econbiz.de/10011860063
materialize. Moreover, the unemployment rate was lifted by 0.5 to 0.7 percentage points and household suffered from lower real … agreement reinforces the swings in GDP and employment growth but dampens the swings in unemployment and inflation. In contrast …, if the reaction of migration flows to rising and falling labor demand is asymmetric, unemployment might increase over the …
Persistent link: https://www.econbiz.de/10011933255
We introduce "fair" wages in a general-equilibrium model where worker's effort is unobservable and investigate whether such a mechanism can quantitatively account for the degree of real wage rigidity in the Bulgarian labor markets, as documented in Lozev, Vladova, and Paskaleva (2011) and...
Persistent link: https://www.econbiz.de/10012384140
On January 1, 2017, the parental leave benefit will be celebrating its tenth anniversary. Although its implementation was fervidly debated, it has become a widely accepted family policy measure. Its impact on parental labor supply, the division oflabor between parents, fertility, and indicators...
Persistent link: https://www.econbiz.de/10011575760
Analysing the British Labour Force Survey, we highlight that dependent self-employed workers constitute a group distinct from both employees and independent self-employed workers in the labour market group. Dependent self-employed workers show characteristics of a more volatile labour market...
Persistent link: https://www.econbiz.de/10011650693