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In this paper, we argue that credit market imperfections impact not only the level of unemployment, but also its … steady-state unemployment, but also slow down the transitional dynamics. We then provide an empirical illustration based on a … persistence of unemployment. -- Credit markets ; labor markets ; unemployment ; credit constraints ; search frictions …
Persistent link: https://www.econbiz.de/10003904911
suggest that a more progressive tax schedule reduces the unemployment rate and increases the employment rate. These findings …
Persistent link: https://www.econbiz.de/10010379335
instantaneous features of participation such as, perhaps, the adoption of a more rigorous daily routine. Unemployment benefits …
Persistent link: https://www.econbiz.de/10012313891
and those predicted to face a penalty compared to their pre-unemployment wage display overly optimistic wage expectations …
Persistent link: https://www.econbiz.de/10015044969
with less perverse effect on unemployment. Time inconsistency is more likely due to lack of credibility than to the short … between government and social partners. -- unemployment ; inequality ; wage rigidity ; time inconsistency …
Persistent link: https://www.econbiz.de/10003316484
-employment. -- Self-employment ; state dependence ; labor market dynamics ; unemployment …
Persistent link: https://www.econbiz.de/10003793470
, namely their unemployment, likely prompted their decision. In contrast to this, business founders who have been previously … unemployment. -- Entrepreneurship ; push and pull motives ; survival and failure ; job creation …
Persistent link: https://www.econbiz.de/10003932123
. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a … be seen how future governments react to worsened economic conditions in light of these experiences. -- Unemployment …
Persistent link: https://www.econbiz.de/10003932145
The generosity of the Unemployment Insurance system (UI) plays a central role for the job search behavior of unemployed … entitlement, has a negative impact on the job search activities of the unemployed increasing their unemployment duration. Despite … the disincentive effect of UI on unemployment duration, UI benefit generosity may also increase job match quality by …
Persistent link: https://www.econbiz.de/10003932248
effort ; reservation wage ; locus of control ; unemployment duration …
Persistent link: https://www.econbiz.de/10003939258