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This paper tries to assess whether or not we have any empirical evidence of links between early retirement and youth unemployment. Most economists would today dismiss the idea immediately as another version of the naive 'lump-of-labor fallacy'. In its most basic form, this proposition holds that...
Persistent link: https://www.econbiz.de/10003913795
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A comparison of hazard rates of duration outcomes before and after policy changes is hampered by non-identification if there is unobserved heteogeneity in the effects and no model structure is imposed. We develop a discontinuity approach that overcomes this by exploiting variation in the moment...
Persistent link: https://www.econbiz.de/10010187954
Causal effects of a policy change on the hazard rates of a duration outcome variable are not identified from a comparison of spells before and after the policy change when there is unobserved heterogeneity in the effects and no model structure is imposed. We develop a discontinuity approach that...
Persistent link: https://www.econbiz.de/10011817634
This paper examines alternative approaches to wage subsidy programmes. It does this in the context of a recent active labour market reform for the young unemployed in Britain. This "New Deal" reform and the characteristics of the target group are examined in detail. We discuss theoretical...
Persistent link: https://www.econbiz.de/10011538460
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Youth unemployment in Ghana increases in parental wealth. This occurs because, without unemployment insurance, only workers with sufficiently high parental wealth can afford to remain unemployed, and do so to search for scarce, high-productivity jobs. I estimate a structural model of endogenous...
Persistent link: https://www.econbiz.de/10012253268
Conventional in-work benefits or tax credits are now well established as a policy instrument for increasing labour supply and tackling poverty. A different sort of in-work credit is one where the payments are time-limited, conditional on previous receipt of welfare, and, perhaps, not...
Persistent link: https://www.econbiz.de/10009236090
This paper uses pooled cross-section data on recent school leavers in Ireland to model the determinants of labour market status and wages for young adults. Firstly we use a multinomial logit model to analyze whether individuals exit school to employment, unemployment or higher education. Family...
Persistent link: https://www.econbiz.de/10011538525
Persistent link: https://www.econbiz.de/10001628695