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Starting in January 2003, Germany implemented the first two so-called Hartz reforms, followed by the third and fourth …
Persistent link: https://www.econbiz.de/10012778974
Having faced high unemployment rates for more than a decade, the German government implemented a comprehensive set of labour market reforms during the period 2003-2005. This paper describes the economic and institutional context of the German labour market before and after these so-called Hartz...
Persistent link: https://www.econbiz.de/10013317618
policy issue in Germany. We analyze the distributional effects of a nationwide legal minimum wage of 7.50 € per hour on the …. The ineffectiveness of a minimum wage in Germany is mainly due to the existing system of means-tested income support and …
Persistent link: https://www.econbiz.de/10013143678
This chapter reviews the literature on employment and labor law. The goal of the review is to understand why every jurisdiction in the world has extensive employment law, particularly employment protection law, while most economic analysis of the law suggests that less employment protection...
Persistent link: https://www.econbiz.de/10013132281
This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...
Persistent link: https://www.econbiz.de/10013138490
market volatility and Okun's elasticity over the business cycle. Second, we highlight a key mechanism linking financial … shock. Third, we present evidence coherent with the idea that more leveraged sectors experience larger employment volatility …
Persistent link: https://www.econbiz.de/10013099747
Employment rates in the United States fell dramatically between February 2020 and April 2020 as the initial repercussions of the COVID-19 pandemic reverberated through the labor market. This paper uses data from the CPS Basic Monthly Files to document that the employment decline was particularly...
Persistent link: https://www.econbiz.de/10012833269
We use a repeated large-scale survey of households in the Nielsen Homescan panel to characterize how labor markets are being affected by the COVID-19 pandemic. We document several facts. First, job loss has been significantly larger than implied by new unemployment claims: we estimate 20 million...
Persistent link: https://www.econbiz.de/10012836591
The diffusion of Temporary Work Agency (TWA) jobs originated a harsh policy debate and ambiguous empirical evidence. Results for the US, based on quasi-experimental evidence, suggest that a TWA assignment decreases the probability of finding a stable job, while results for Europe, based on the...
Persistent link: https://www.econbiz.de/10012780017
We apply the Synthetic Control Method to re-examine the effects of the Mariel Boatlift, a large inflow of Cubans into Miami in 1980, first studied by David Card (1990). This method improves on previous studies by choosing a control group so as to best match Miami's labor market features before...
Persistent link: https://www.econbiz.de/10012960285