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paper takes a closer look at the labour market consequences of the crisis for Denmark. It is found that employment … job-separation counter-cyclical. As a consequence most unemployment spells remain short. This is critical since a … persistent increase in unemployment will affect the financial balance of the model severely. Comparative evidence does not …
Persistent link: https://www.econbiz.de/10013124781
also find that the quality of the post-unemployment jobs was not affected by the activation program. Both findings confirm …
Persistent link: https://www.econbiz.de/10012764227
This paper investigates how a mandatory activation program in Denmark affects the job finding rate of unemployed … appears that the activation program is very effective. The median unemployment duration of the control group is 14 weeks …
Persistent link: https://www.econbiz.de/10014053542
context. These include collective bargaining, minimum wages, employment protection laws, unemployment insurance (UI), mandated … unemployment or resource misallocation results from such measures, these efficiency gains may be offset. Overall, Scandinavia and … unemployment. Making labor markets more flexible could bring these groups into the regular labor market to a greater extent, at the …
Persistent link: https://www.econbiz.de/10013139696
In this paper we analyse how labour market institutions and technology affect wagedetermination through rent sharing. To this aim we first extend the theoretical frameworkof Estevao and Tevlin (2003) to account for heterogeneity of labour (regular and non-regularworkers). The predictions of the...
Persistent link: https://www.econbiz.de/10012836559
Evidence during the nineties about the response of real wages to shocks highlights that this response is substantially lower in European countries than in the United States and that there are important differences among European countries. Which are the reasons that explain these different...
Persistent link: https://www.econbiz.de/10012777602
How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market...
Persistent link: https://www.econbiz.de/10012906470
Germany has always been one of the prime examples of institutional complementarities between social insurance, a rather passive welfare state, strong employment protection and collective bargaining that stabilize diversified quality production. This institutional arrangement was criticized for...
Persistent link: https://www.econbiz.de/10012764076
unemployment in Europe. Using Faccini's data and his estimation methods, we show that the Fixed Effects estimation results collapse … evidence to support the conclusion that greater use of temporary contracts would decrease unemployment …
Persistent link: https://www.econbiz.de/10013049067
have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …
Persistent link: https://www.econbiz.de/10013025334