Showing 1 - 10 of 398
Empirical evidence on distributional preferences shows that people do not judge inequality as problematic per se but … inequality do not adequately reflect these normative preferences. In this paper we address this shortcoming by developing a new … measure of unfair inequality that reconciles two widely-held fairness principles: equality of opportunity and freedom from …
Persistent link: https://www.econbiz.de/10012236841
We analyse the duration of unemployment spells in Poland using data from the Polish Labour Force Survey of August 1994. The effects on the duration of unemployment of important socio-economic and demographic characteristics are explored besides the impacts of the unemployment benefit system and...
Persistent link: https://www.econbiz.de/10011620003
A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We …
Persistent link: https://www.econbiz.de/10010234179
: material standard of living, parental education, and parental childcare time. We compute multidimensional inequality and … increasingly important in-kind benefit in Germany. We find that both multidimensional inequality and poverty declined as expanded …
Persistent link: https://www.econbiz.de/10011440704
I calculate unemployment multipliers of fiscal consolidation policies in a standard, closed-economy New Keynesian framework with search and matching frictions, and, as an innovation, in the presence of sectoral heterogeneity. Family and non-family firms behave differently in the labor market and...
Persistent link: https://www.econbiz.de/10010516542
We document that the added worker effect (AWE) has increased over the last three decades. We develop a search model with two earner households and we illustrate that the increase in the AWE from the 1980s to the 2000s can be explained through i) the narrowing of the gender pay gap, ii) changes...
Persistent link: https://www.econbiz.de/10011456513
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097
Although a meaningful percentage of firms are created out of unemployment and current active labor market policies in Europe often subsidize unemployed individuals to start their own businesses, little is known about the role of unemployment insurance (UI) generosity for selfemployment. By using...
Persistent link: https://www.econbiz.de/10012520079
We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of labor market flows but also of the approximation error embedded in other decompositions that use surrogates for the current rate. Using data for the United States and Brazil,...
Persistent link: https://www.econbiz.de/10012624854
Despite the importance of business creation for the economy and a relevant share of new firms being started out of unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes that ignore self-employment. In this paper, we...
Persistent link: https://www.econbiz.de/10012241969