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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
It is puzzling that people feel quite unhappy when they become unemployed, while at thesame time active labor market policies are needed to bring unemployed back to work morequickly. Using data from the German Socio-Economic Panel, we investigate whether there isindeed such a puzzle. First, we...
Persistent link: https://www.econbiz.de/10009486963
age at which the individualstarts receiving disability benefits, and the increase in the local unemployment rate …
Persistent link: https://www.econbiz.de/10009486964
The mild response of the German labor market to the worst global recession in post-warhistory appears as an economic miracle. In response to the crisis, Germany has shown to bea strong case of internal flexibility. We argue that important factors that have contributed tothis development include...
Persistent link: https://www.econbiz.de/10009486981
contemporary unemployment affect a young worker’s probability ofbeing invited to a job interview. In contrast to studies using … forunobserved heterogeneity. We find no evidence that recruiting employers use informationabout past unemployment to sort workers … pastunemployment as a sorting criterion suggests that the scarring effects of unemployment maynot be as severe as has been indicated by …
Persistent link: https://www.econbiz.de/10009486983
unemployment, which we calibrateon EU15 and US data. Labor market imperfections are found to significantly increase thevolume of … to investigate how demographicasymmetries may have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10009522201
protection, unemployment insurancebenefits and minimum income support, working time flexibility and wage setting played acrucial … role in determining to what extent the economic crisis led to higher unemployment,wage cuts or income losses and rising …
Persistent link: https://www.econbiz.de/10009522203
policies on transition rates out of unemployment. We performthe first evaluation of training effects for the unemployed adults … in France, exploiting a uniquelongitudinal dataset from the unemployment insurance system... …
Persistent link: https://www.econbiz.de/10005861168
Die Arbeitsmarktreformen der letzten Jahre haben die strukturellen Anpassungsproblemedes deutschen Beschäftigungsmodells zum Teil gelindert - allerdings sind noch längst nichtalle Schwierigkeiten überwunden...
Persistent link: https://www.econbiz.de/10005861347
Differences in regional unemployment in post-communist economies are large andpersistent. We show that inherited … variation in human-capital endowment across the regionsof four such economies explains the bulk of regional unemployment …
Persistent link: https://www.econbiz.de/10005861375