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We study optimal government spending in a business cycle model with frictional unemployment. The Ramsey optimal policy …
Persistent link: https://www.econbiz.de/10011374417
In this paper, I study the wage a firm sets to attract high abilityworkers (hipo's) in situationsof unemployment. I … show that the higher unemployment, the larger afirm's incentives to sorthigh and low ability workers. Moreover, workers … will signal their(high) ability in situationsof (high) unemployment only if a job offers a high enough wage. Themain result …
Persistent link: https://www.econbiz.de/10011303310
increase in the pace of job creation and destruction may have substantial effects on employment and unemployment;the effects … may be out of its unemployment equilibrium for quite a long time after a shock occurs.The novelty of the model is that it … takes explicitly account of the propagationof shocks through the various duration classes of unemployment andallows for …
Persistent link: https://www.econbiz.de/10010336861
Persistent link: https://www.econbiz.de/10001412106
Persistent link: https://www.econbiz.de/10000910426
An empirical analysis of labor market transitions for spouses in couples is implemented. Object of study are … that households with a participating wife are better able to deal with unemployment of the husband. A supplementary … sensitive to his own unemployment income if the wife is nonparticipating. This implies that unemployment benefits have a …
Persistent link: https://www.econbiz.de/10012617641
The group of contributors in this book come from academia and international organizations in Europe and the USA. They focus on trade unions, which affect real-wage flexibility and the provision of training to workers. They also concentrate on employment protection legislation, which discourages...
Persistent link: https://www.econbiz.de/10011851776
This book examines innovative theoretical perspectives and novel labour market policy responses to Europe's changing work demands, employment careers and life courses. It presents creative ideas and recommendations for flexicurity policies at various levels and in different social and economic...
Persistent link: https://www.econbiz.de/10011851940
industrialized countries is one of the most debated issues in both labor and macro-economics. In this paper a matching model with low …
Persistent link: https://www.econbiz.de/10011302133