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Bonus question : does flexible incentive pay dampen unemployment dynamics?
Gaur, Meghana; Grigsby, John; Hazell, Jonathon; Ndiaye, … - 2023
We introduce dynamic incentive contracts into a model of unemployment dynamics and present three results. First, wage cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first-order equivalent in an economy with flexible incentive pay and...
Persistent link: https://www.econbiz.de/10014390530
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Bonus Question : Does Flexible Incentive Pay Dampen Unemployment Dynamics?
Gaur, Meghana; Grigsby, John R.; Hazell, Jonathon; … - National Bureau of Economic Research - 2023
We introduce dynamic incentive contracts into a model of unemployment dynamics and present three results. First, wage cyclicality from incentives does not dampen unemployment dynamics: the response of unemployment to shocks is first-order equivalent in an economy with flexible incentive pay and...
Persistent link: https://www.econbiz.de/10014372479
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Start-ups by the unemployed: characteristics, survival and direct employment effects
Caliendo, Marco (contributor);  … - 2007
Fostering and supporting start-up businesses by unemployed persons has become an increasingly important issue in many European countries. These new ventures are being supported by various governmental programs. Potential benefits include not only the end of unemployment for the new entrepreneur...
Persistent link: https://www.econbiz.de/10003646707
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Start-up subsidies for the unemployed : long-term evidence and effect heterogeneity
Caliendo, Marco; Künn, Steffen - 2010
Turning unemployment into self-employment has become an increasingly important part of active labor market policies (ALMP) in many OECD countries. Germany is a good example where the spending on start-up subsidies for the unemployed accounted for nearly 17% of the total spending on ALMP in 2004....
Persistent link: https://www.econbiz.de/10003941759
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Labor market reforms in Europe : towards more flexicure labor markets?
Eichhorst, Werner; Marx, Paul; Wehner, Caroline - 2016
active labor market policies. The paper provides an overview of reform patterns and tries to assess whether and to what …
Persistent link: https://www.econbiz.de/10011455858
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Can Unemployment Insurance Spur Entrepreneurial Activity?
Hombert, Johan - 2014
We study a large-scale French reform that provided generous downside insurance for unemployed individuals starting a … business. We study whether this reform affects the composition of people who are drawn into entrepreneurship. New firms started … in response to the reform are, on average, smaller, but have similar growth expectations and education levels compared to …
Persistent link: https://www.econbiz.de/10012457949
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Public employment agency reform, matching efficiency, and German unemployment
Merkl, Christian; Sauerbier, Timo - 2022
restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment …
Persistent link: https://www.econbiz.de/10013454807
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On the extent of re-entitlement effects in unemployment compensation
Ortega, Javier (contributor); Rioux, Laurence (contributor) - 2007
A dynamic labor matching economy is presented, in which the unemployed are either entitled to unemployment insurance (UI) or unemployment assistance (UA), and the employees are either eligible for UI or UA upon future separations. Eligibility for UI requires a minimum duration of contributions...
Persistent link: https://www.econbiz.de/10003596037
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Cream-skimming, parking and other intended and unintended effects of performance-based contracting in social welfare services
Koning, Pierre; Heinrich, Carolyn J. - 2010
In a growing number of countries, the delivery of social welfare services is contracted out to private providers, and increasingly, using performance-based contracts. Critics of performance-based incentive contracts stress their potential unintended effects, including cream-skimming and other...
Persistent link: https://www.econbiz.de/10003941973
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Understanding severance pay
Parsons, Donald O. - 2013
Severance pay, a fixed-sum payment to workers at job separation, has been the focus of intense policy concern for the last several decades, but much of this concern is unearned. The design of the ideal separation package is outlined and severance pay emerges as a natural component of job...
Persistent link: https://www.econbiz.de/10010195446