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Did the Australian JobKeeper program save jobs by subsidizing temporary layoffs?

Borland, Jeff; Hunt, Jennifer - 2021

We analyze the JobKeeper lump-sum wage subsidy introduced by the Australian government in response to the COVID-19 pandemic, paying particular attention to the role of temporary layoffs in saving jobs. Although temporary layoffs were widely used, we find that recalls of workers on temporary...

Persistent link: https://www.econbiz.de/10012698917

Families in macroeconomics

Doepke, Matthias; Tertilt, Michele - 2016

Much of macroeconomics is concerned with the allocation of physical capital, human capital, and labor over time and across people. The decisions on savings, education, and labor supply that generate these variables are made within families. Yet the family (and decision-making in families) is...

Persistent link: https://www.econbiz.de/10011454407

Integrated macroeconomic production function for open economies : a new Schumpeterian Solow model for globalization

Welfens, Paul J. J. - 2016

The macroeconomic production function is a traditional key element of modern macroeconomics, as is the more recent knowledge production function which explains knowledge/patents by certain input factors such as research, foreign direct investment or international technology spillovers. This...

Persistent link: https://www.econbiz.de/10011452235

Product market reforms and unemployment in Europe

Gersbach, Hans - 2001

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

The role of social work norms in job searching and subjective well-being

Stutzer, Alois; Lalive, Rafael - 2003 - revised December 2003

Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...

Persistent link: https://www.econbiz.de/10011401423

The effect of doubling the minimum wage on employment : evidence from Russia

Muravyev, Alexander; Oščepkov, Aleksej Ju. - 2015

We take advantage of a natural experiment in the minimum wage setting in Russia to study the employment consequences of large hikes in the minimum wage. In September 2007, the Russian government raised the federal minimum wage from 1,100 to 2,300 Rubles and simultaneously gave the regions the...

Persistent link: https://www.econbiz.de/10011427802

An unfulfilled promise? : higher education quality and professional underemployment in Peru

Yamada, Gustavo; Lavado, Pablo; Martínez, Joan J. - 2015

Despite the high growth of the Peruvian economy during the last decade, college graduates are facing increasing difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario is embodied in the "professional underemployment"...

Persistent link: https://www.econbiz.de/10011427813

Do the unemployed accept jobs too quickly? : a comparison with employed job seekers

Longhi, Simonetta - 2015

This paper analyses differences between unemployed and employed job seekers in job finding rates and in the quality of the job found. Compared to the unemployed, employed job seekers have a smaller pool of job offers that they consider acceptable; this leads to lower job finding rates but better...

Persistent link: https://www.econbiz.de/10011283136

Mandatory volunteer work as fair reciprocity for unemployment and social benefits?

Veldboer, Lex; Kleinhans, Reinout; Ham, Maarten van - 2015

Modern welfare policies are increasingly based on notions of reciprocity. Citizens on welfare benefits have to do something in return, e.g. volunteer work. Notwithstanding general public support, social philosophers have been critical on 'mandatory' activities in community programmes. So far,...

Persistent link: https://www.econbiz.de/10011283145

Pathways from school to work in the developing world

Manacorda, Marco; Rosati, Furio Camillo; Ranzani, Marco; … - 2015

offset by widespread poverty and lack of unemployment insurance, leading to overall faster transitions in low income …

Persistent link: https://www.econbiz.de/10011376271

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