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This study examines an increase in the early retirement age from 60 to 63 for the group of older unemployed men in Germany. As consequence of this policy reform, the time to retirement is increased from the perspective of recently unemployed individuals and therefore serves as a source of...
Persistent link: https://www.econbiz.de/10009722390
, in speeding up the matching process between unemployed and vacant jobs. The analysis is conceptually rooted in the flow …-based view underlying the reforms, estimating the structural features of the matching process. The results indicate that the … reforms indeed had an impact in making the labor market more dynamic and accelerating the matching process …
Persistent link: https://www.econbiz.de/10012778974
A large literature has documented that the unemployment duration of unemployed individuals increases with the generosity of the unemployment insurance (UI) system, which has been interpreted as the disincentive effect of UI benefits. However, unemployed workers typically also have caseworkers...
Persistent link: https://www.econbiz.de/10012993954
We study the effect of unemployment on cognitive abilities among individuals aged between 50 and 65 in Europe. To this end, we exploit plant closures and use flexible event-study estimations together with an experimentally elicited measure of fluid intelligence, namely word recall. We find that,...
Persistent link: https://www.econbiz.de/10013411839
Despite the increased frequency of job loss for older workers in Europe, little is known on its effect on the work-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a multivariate competing-risks hazard model is...
Persistent link: https://www.econbiz.de/10013316799
administrative data set from Germany and statistical matching techniques. Our treatment groups consist of unemployed persons taking …
Persistent link: https://www.econbiz.de/10013144940
Of the many labour market Hartz IV reforms that have been implemented in Germany since 2005, the role of short-term unemployment insurance has not received much attention. In this paper we examine distributional effects of labour earnings and unemployment benefits using simulated increases in...
Persistent link: https://www.econbiz.de/10003861427
We develop a model of job search and use it to assess the effects that the Brazilian unemployment benefit system has on exit rates from unemployment. In our setup, unemployed workers receive job offers from the formal and informal sectors and decide whether to accept them or wait. Only jobs in...
Persistent link: https://www.econbiz.de/10013130452
This paper examines whether part-time work acts as a bridge towards full-time work for unemployed workers in Spain. We follow the timing-of-event approach and estimate the causal effect of part-time work on the exit rate to full-time work using a multivariate duration model. Our findings show...
Persistent link: https://www.econbiz.de/10012956010
This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high‐frequency longitudinal data. Using data from our survey of unemployed workers in New Jersey, where workers were interviewed each week for up to 24 weeks, we find that self‐reported...
Persistent link: https://www.econbiz.de/10013058313