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Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP per capita by 50 to 60 percent and reduce income inequality dramatically in the long term. By putting further strain on an already fragile labor market, Covid-19 has raised the...
Persistent link: https://www.econbiz.de/10012612327
We analyze the differential impact of the COVID-19 crisis on the Spanish labor market across population groups, as well as its implications for income inequality. The main finding is that young, less educated, and low skilled workers, as well as women are the most affected by the COVID-19 shock...
Persistent link: https://www.econbiz.de/10013170558
This paper studies whether labor market mismatch played an important role for labor market dynamics during the COVID-19 pandemic. We apply the framework of Sahin and others (2014) to the US and the UK to measure misallocation between job seekers and vacancies across sectors until the third...
Persistent link: https://www.econbiz.de/10013170581
We use high-frequency indicators to analyze the economic impact of COVID-19 in Europe and the United States during the early phase of the pandemic. We document that European countries and U.S. states that experienced larger outbreaks also suffered larger economic losses. We also find that the...
Persistent link: https://www.econbiz.de/10012299321
unemployment by about 2.2 pp after five years. If sequencing is required, starting with PMRs would be more effective in boosting … output, while starting with LMRs would reduce unemployment faster. Finally, increasing unemployment benefits would be more …
Persistent link: https://www.econbiz.de/10012122485
only the end of unemployment for the new entrepreneur but also some further positive effects, e.g., direct job creation …
Persistent link: https://www.econbiz.de/10010268245
Support schemes for unemployed aiming for self-employment have been recently reformed several times. In 2003, the start-up subsidy" was added to the existing bridging allowance". In 2006 both instruments were merged to the Gründungszuschuss". Since the bridging allowance has been evaluated as...
Persistent link: https://www.econbiz.de/10010268293
The aim of this work is to assess the effectiveness of active labour market policies carried out by the Catalan Public Employment Services (SOC) during the year 2005. The results obtained from the application of matching techniques show that the probability of finding a job for an individual who...
Persistent link: https://www.econbiz.de/10010276709
In response to the Great Recession and sustained labor market downturn, the availability of unemployment insurance (UI … extensions across states to estimate the overall impact of these extensions on unemployment duration, comparing the experience … extensions on unemployment transitions and duration. We rely on individual variation in benefit availability based on the …
Persistent link: https://www.econbiz.de/10010319546
unemployment to employment using detailed Danish event history data obtained from administrative registers. We find large positive …
Persistent link: https://www.econbiz.de/10010282241