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Firms select not only how many, but also which workers to hire. Yet, in standard searchmodels of the labor market, all … positivepredictions of the model change very little, but the welfare costs of unemployment are muchlarger because unemployment risk is … distributed unequally across workers. As a result,optimal unemployment insurance may be higher and welfare is lower if hiring is …
Persistent link: https://www.econbiz.de/10009486873
economic crisis that began in 2008. It starts from the observation that the decline in employment and rise in unemployment in … shows that, at least for the time being, unemployment increases have been contained in countries with comparatively strong …
Persistent link: https://www.econbiz.de/10013135827
inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the …How does the asymmetry of labor market institutions affect the adjustment of a currency union to shocks? To answer this … and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries …
Persistent link: https://www.econbiz.de/10013107467
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates …
Persistent link: https://www.econbiz.de/10012906473
employment level. Immigrants, being new to the labor market, may be less aware of employment protection regulations and less …
Persistent link: https://www.econbiz.de/10012759354
temporary employment to unemployment, were the main factor behind the rise in unemployment; while reduced unemployment outflows … did not contribute substantially to the increase in unemployment during the early phase of the crisis …
Persistent link: https://www.econbiz.de/10013016259
The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …
Persistent link: https://www.econbiz.de/10013039503
the estimates of the impact of labour demand shocks on participation. For men, unemployment increased in response to …
Persistent link: https://www.econbiz.de/10012829225
unexamined the influence on labor demand of the unique tax that finances it. Experience rating in unemployment insurance presents …For every payment, there is an equal and opposite tax. In the study of unemployment insurance, economists have … developed a substantial literature considering the impact of payments on labor supply. In contrast, they have usually left …
Persistent link: https://www.econbiz.de/10012831970
Using micro panel data, labor market transitions are analyzed for the EU-member states by cumulative year … analyses mainly refer to female labor supply. In search for important determinants of these transitions, six EU countries with … different labor market-regimes are selected as examples (Denmark, Germany, Netherlands, Portugal, Ireland, UK). Within these …
Persistent link: https://www.econbiz.de/10013317604