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This paper studies short-time work arrangements (ERTEs) when aggregate risk is partially sector-specific. In Spain, the …. We show that ERTEs stabilize unemployment rates by allowing workers to remain with their employers in highly affected …
Persistent link: https://www.econbiz.de/10014250592
This paper assesses the impact that the 2009 Great Recession had on individual's transitions to and from unemployment … in Ireland. The rate of transition from unemployment to employment declined between 2006 and 2011, while the rate from … employment to unemployment increased. The impact of some of the factors identified as contributing to the likelihood of a …
Persistent link: https://www.econbiz.de/10010398762
response successfully offset earnings loses among lower-wage workers, the risk of continued and persistent unemployment remains …
Persistent link: https://www.econbiz.de/10012485440
Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
Persistent link: https://www.econbiz.de/10011881536
We conduct a field experiment to evaluate the effectiveness of labor market speeddates where unemployed workers meet temporary employment agencies. Our analysis shows that participation in such events increases immediate job finding by 6-7 percentage points. In the subsequent months, employment...
Persistent link: https://www.econbiz.de/10011978388
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
achievement of plausible target unemployment rates, disaggregated by age and gender. Second, we analyze the job creation needs … coming decades. Overall, shifting demographics, changing labor force participation rates, reductions in unemployment to the …
Persistent link: https://www.econbiz.de/10012169699
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
combination of some of the actions. -- Active labour market policies ; unemployment ; propensity score matching …
Persistent link: https://www.econbiz.de/10003931337
the Great Recession. Because the cut applied only to new benefit claims, claimants whose unemployment start dates differed …-in-Difference analyses. While we find no impact on unemployment duration for those aged 20-21, the benefit cut significantly reduced duration …
Persistent link: https://www.econbiz.de/10011641788