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little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …
Persistent link: https://www.econbiz.de/10011412475
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
Persistent link: https://www.econbiz.de/10011449662
its strength and weakness, discuss its connections with theory, and draw out potential policy implications of its findings …
Persistent link: https://www.econbiz.de/10011452576
abolished the dependence of unemployment insurance benefits on the elapsed unemployment duration and simultaneously introduced … unemployment duration is positive and significant. Neglecting selectivity leads to an underestimation of the effects in absolute …
Persistent link: https://www.econbiz.de/10011453442
density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …
Persistent link: https://www.econbiz.de/10011455340
There is much evidence that relative income concern reduces subjective wellbeing and raises labour supply - "keeping up with the Joneses" (KUJ), while increasing use of social media and growing inequality encourage comparison. Models with one or two agent-types generally miss the policy relevant...
Persistent link: https://www.econbiz.de/10012034986
certain state (e.g. unemployment) to be eligible for a treatment, treatments may commence at different points in time, and the … certain time in unemployment will leave unemployment before training while others will be trained later. We are interested in …
Persistent link: https://www.econbiz.de/10012035113
bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …
Persistent link: https://www.econbiz.de/10011391687
Labor market frictions are not the only possible factor responsible for high unemployment. Credit market imperfections … European and US unemployment differ so much when labor markets have become more similar at the margin in Europe and the US. To …
Persistent link: https://www.econbiz.de/10011336864
they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …
Persistent link: https://www.econbiz.de/10011855567