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persons. However, stigma related to unemployment or inactivity can hinder their hiring chances when applying for a job. This …-term unemployment of up to six months positively affects hiring prospects, while the adverse effects of unemployment scarring become … negative impact of longer spells. The latter negative signal is more pronounced when unemployment rates are low. …
Persistent link: https://www.econbiz.de/10014582268
The COVID-19 pandemic has upended the U.S. economy and labor market. We assess the initial spike in unemployment due to … the virus response and possible paths for the official unemployment rate through 2021. Substantial uncertainty surrounds … the path for measured unemployment, depending on the path of the virus and containment measures and their impact on …
Persistent link: https://www.econbiz.de/10012228061
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10009752694
, which leads to expectation of reversal. -- Unemployment ; flexibility ; temporary contracts ; unemployment duration … ; unemployment recurrence ; on the job search ; labor force composition …
Persistent link: https://www.econbiz.de/10009520500
unemployment is affected by different labour market institutions (LMI) such as labour taxes, unemployment benefits, employment …The development of the unemployment rate differs substantially between OECD countries. In recent years some countries … experienced a mild increase, other countries had a stable unemployment rate, while there are also 'successful' countries in which …
Persistent link: https://www.econbiz.de/10011326419
What are the impacts of labor tax reform on wage setting and employment to keep the relative tax burden per low-skilled and high-skilled workers constant in the case of heterogenous domestic labor markets, i.e. imperfect competition in low-skilled labor and perfect competition in high-skilled...
Persistent link: https://www.econbiz.de/10003910021
This study reviews the evidence on the impact of youth employment programs on labor market outcomes. The analysis looks at the effectiveness of various interventions and the factors that influence program performance including country context, targeted beneficiaries, program design and...
Persistent link: https://www.econbiz.de/10011543893
market institutions on informal economic activity. The measure of informal economic activity is taken from Schneider et al …. (2010), the most comprehensive study to date. The data on institutions, which cover employment protection legislation (EPL …), the tax wedge, the unemployment benefit level, unemployment benefit duration and union density, are assembled at the IZA …
Persistent link: https://www.econbiz.de/10009674958
Young and small firms are typically matched with younger and nonemployed individuals, and they provide these workers with lower earnings compared to other firms. To explore the mechanisms behind these facts, a dynamic model of entrepreneurship is introduced, where individuals can choose not to...
Persistent link: https://www.econbiz.de/10011450865
Existing models of equilibrium unemployment with endogenous labor market participation are complex, generate … procyclical unemployment rates and cannot match unemployment variability relative to GDP. We embed endogenous participation in a … variabilities but also generates strongly countercyclical unemployment rates. With some wage rigidity the model also matches …
Persistent link: https://www.econbiz.de/10003297703