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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
costs. It is shown that even with flexible wages unemployment is higher among the low-skilled and increases with skill … skilled, increasing the inflow into unemployment, and that the jobs are less profitable, resulting in a smaller outflow from … unemployment. Firing costs increase employment security among existing jobs, but the unskilled are likely to profit less than the …
Persistent link: https://www.econbiz.de/10011318592
decreased the employment rate by 0.82%p and increased the unemployment rate by 0.29%p. These estimated effects are 90 …
Persistent link: https://www.econbiz.de/10012431574
unemployment spells, hours worked and monthly earnings. We also analyze whether displaced workers are more likely to be in informal … costs as additional outcomes. Displaced migrant workers do not encounter losses in terms of longer unemployment spells or …
Persistent link: https://www.econbiz.de/10009729344
significant number of workers subject to furloughs. Both temporary closures and furloughs impose costs that will be borne by firms …
Persistent link: https://www.econbiz.de/10012508054
We examine how a 16-week cut in potential unemployment insurance (UI) duration in Missouri affected search behavior of … estimates to simulate the unemployment rate assuming no market-level externalities. The simulated response, which implies almost … a one percentage point decline in the unemployment rate, closely approximates the estimated change in the unemployment …
Persistent link: https://www.econbiz.de/10012233084
sector, high unemployment for educated youth, weak private sector dependent on government welfare for their survival, rapid …
Persistent link: https://www.econbiz.de/10009793039
This paper investigates the impact of job displacement on women's first birth rates, and the variation in this effect over the business cycle. We used mass layoffs to estimate the causal effects of involuntary job loss on fertility in the short and medium term, up to five years after...
Persistent link: https://www.econbiz.de/10011596874
We examine whether the COVID-19 crisis affects women and men differently in terms of employment, working hours and hourly wages outcomes, and whether the effects are demand or supply driven. COVID-19 impacts are studied using administrative data on all Dutch employees up to 30 June 2020,...
Persistent link: https://www.econbiz.de/10012306367
This study examines the determinants of job-finding rates of unemployment benefit recipients under the Chilean program … the form of unemployment insurance savings accounts (UISAs) – so as to mitigate the moral hazard problem of traditional … unemployment insurance programs. Our study is the first one to empirically investigate whether UISAs improve work incentives. We …
Persistent link: https://www.econbiz.de/10003933419