Showing 1 - 10 of 31
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010369825
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011455340
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of … institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …
Persistent link: https://www.econbiz.de/10011916540
establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow … cyclicalities of all establishments to the one of the most procyclical establishments, labor market volatilities drop by more than …
Persistent link: https://www.econbiz.de/10011735900
progress. -- Out of Africa hypothesis ; human genetic diversity ; comparative development ; population density ; Neolithic …
Persistent link: https://www.econbiz.de/10009530753
This paper explores one potentially important channel through which immigration may drive support for extreme right-wing parties: the presence of immigrants in one's neighborhood. We study the case of the Freedom Party of Austria (FPÖ). Under the leadership of Jörg Haider, this party increased...
Persistent link: https://www.econbiz.de/10009539172
The East German labor market has hardly made any progress since German reunification, despite massive migration flows … German welfare system and the associated employment persistence. Even the steady decrease of labor cost (normalized by … productivity) since the beginning of the nineties did not help to kick start the East. We suggest that labor force participants …
Persistent link: https://www.econbiz.de/10003377867
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …
Persistent link: https://www.econbiz.de/10003961662
This paper investigates the effectiveness of benefit sanctions in reducing unemployment duration. Data from the Swiss … labor market allow making a distinction between the effect of a warning that a person is not complying with eligibility … positive effect on the exit rate out of unemployment. Moreover, the stricter the sanction policy the shorter is the duration of …
Persistent link: https://www.econbiz.de/10011410900
The potential duration of benefits is generally viewed as an important determinant of unemployment duration. This paper … evaluates a unique policy change that prolonged entitlement to regular unemployment benefits from 30 weeks to a maximum of 209 … program was an endogenous policy response to a crisis affecting individuals with severe labor market problems. The main …
Persistent link: https://www.econbiz.de/10011411285