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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
combat immigrant unemployment: training, job search assistance, and subsidised public and private sector employment. We find …
Persistent link: https://www.econbiz.de/10009784011
firms can explain the relatively high level of unemployment amongstlower educated workers and the relatively strong … level of education can notexplain the stronger cyclicality of the unemployment rate for lower educatedworkers. We conclude …
Persistent link: https://www.econbiz.de/10011300551
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
Persistent link: https://www.econbiz.de/10003739082
Recent labor market reforms in Germany aim, among other things, at reducing unemployment by restricting passive … unemployment measures, emphasizing local labor market policies and re-structuring public employment services. This paper uses … contribute to the shortening of unemployment duration. For this purpose, we estimate a semi-parametric duration model with three …
Persistent link: https://www.econbiz.de/10003404769
Job placement vouchers can be regarded as a tool to spur competition between public and private job placement activities. The German government launched this instrument in order to end the public placement monopoly and to subsidize its private competitors. We exploit very rich administrative...
Persistent link: https://www.econbiz.de/10003301068
causal relationship from homeownership to unemployment. The literature confirms a decreasing effect of homeownership on … geographical mobility of workers, but does not in general confirm that homeowners have longer unemployment spells or higher … unemployment rates. Even though this finding is related to heterogeneity in the labour force and associated selectivity effects …
Persistent link: https://www.econbiz.de/10011372497
In this paper we determine the feasibility of using data from thePanel Study of Income Dynamics to estimate the Burdett-Mortensengeneral equilibrium search model. The data contain sufficientinformation on wages, labor force states, durations, and transitionsto generate estimates of the model's...
Persistent link: https://www.econbiz.de/10011299964