Showing 1 - 10 of 7,330
The search-matching model is well suited for an equilibrium evaluation of labor market policies. When those policies … ; search-matching equilibrium ; wage bargaining ; reductions of social security contributions ; unemployment insurance ; labor …
Persistent link: https://www.econbiz.de/10003309270
Using data from the Current Population Survey (CPS), we show that the COVID-19 pandemic led to a loss of aggregate real labor earnings of more than $250 billion between March and July 2020. By exploiting the panel structure of the CPS, we show that the decline in aggregate earnings was entirely...
Persistent link: https://www.econbiz.de/10012284653
We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the balances in these accounts would then be available to...
Persistent link: https://www.econbiz.de/10011412084
wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post …We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the … sorted across firms and worker-firm matches upon re-employment. We find that the Hartz reforms substantially reduced the …
Persistent link: https://www.econbiz.de/10012228177
This paper presents new information on activity-related eligibility criteria for unemployment and related benefits in OECD and EU countries in 2017, comparing the strictness of "demanding" elements built into unemployment benefits across countries and over time. Eligibility criteria for...
Persistent link: https://www.econbiz.de/10011892437
Providing income support to unemployed education-leavers reduces the returns to investments in education because it makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether conditioning the prospective entitlement to unemployment...
Persistent link: https://www.econbiz.de/10013288066
The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the longterm unemployed) and are provided only for a...
Persistent link: https://www.econbiz.de/10011412368
The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits … recent unemployment benefit reform (Hartz IV). The reform reduced unemployment by only 0.3%. Contrary to general beliefs, we … effort ; matching model ; structural estimation ; semi-Markov process …
Persistent link: https://www.econbiz.de/10003966983
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10012648522
institutional measures and wage inequality incorporates unemployment and working hours dynamics, discussing the problems of matching …
Persistent link: https://www.econbiz.de/10010360090