Showing 1 - 10 of 2,826
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 …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …
Persistent link: https://www.econbiz.de/10003961662
We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …
Persistent link: https://www.econbiz.de/10010423760
This paper analyzes the relationship between unemployment and wage inflation for 10 of the euro area countries. The … combination of low wage inflation and high unemployment in Europe is usually attributed to a rise in the natural rate of … unemployment. Using a panel data approach, this paper models directly the specific structural determinants of the natural rate of …
Persistent link: https://www.econbiz.de/10003035532
and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10009536516
This paper provides robust estimates of the impact of both product and labour market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tends to push up the unemployment …
Persistent link: https://www.econbiz.de/10011871988
This research note discusses the Euro crisis in Greece in light of the referendum of July the 5th. It lays out the social and political costs of a GREXIT, but also of a continuing austerity policy. It proposes a reform policy fostering growth in Greece and discusses the role of conditionality....
Persistent link: https://www.econbiz.de/10011308548
This paper analyses the effect of unemployment insurance generosity and active labour market policy on reemployment … to identify policy effects at the micro and macro level. Empirical evidence suggests that unemployment benefit receipt is … associated with longer reemployment duration at the individual level. Furthermore, countries with more generous unemployment …
Persistent link: https://www.econbiz.de/10009700207
and restrictions on fixed‐term contracts; (2) unemployment benefit generosity and coverage; and (3) the intensity of … unemployment benefits and access to ALMPs. In particular, we will provide some evidence on potential changes in hirings on …
Persistent link: https://www.econbiz.de/10011455858
using UK data, it finds that unemployment has increased for both natives and migrants as has, consequently, the benefits …
Persistent link: https://www.econbiz.de/10012612597
This paper evaluates the impact on employment probabilities of two training programs funded by the European Social Fund in the province of Bolzano, Italy. The programs were addressed to particularly vulnerable groups which were much less skilled and educated than the control group from the...
Persistent link: https://www.econbiz.de/10012873090