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for equilibrium unemployment in an economy with product and labour market imperfections. We show that intensified product … market competition will reduce equilibrium unemployment, whereas the effect of increased capital intensity is more complex …. Higher capital intensity will decrease the equilibrium unemployment when the elasticity of substitution between capital and …
Persistent link: https://www.econbiz.de/10010261822
OECD. We first model the wage determination process and show that unemployment, the labour share, and the wage differential … is ambiguous. Stronger unions and/or a more generous unemployment benefit tend to reduce inequality through reduced wage … differentials, a higher labour share, and also higher unemployment. We then use a panel of OECD countries for the period 1970-96 to …
Persistent link: https://www.econbiz.de/10010267323
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
Although an inverse relationship between sickness absence and unemployment has beendocumented in a number of studies … whether this empiricalregularity is due to changes in the individual costs of absence when unemployment increases …
Persistent link: https://www.econbiz.de/10005861408
We evaluate a randomized experiment of a statistical support system developed to assistcaseworkers in Swiss employment offices in choosing appropriate active labour marketprogrammes for their unemployed clients. This statistical support system predicted the labourmarket outcome for each...
Persistent link: https://www.econbiz.de/10005861647
. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …
Persistent link: https://www.econbiz.de/10010276876
optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …
Persistent link: https://www.econbiz.de/10010276945
levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …
Persistent link: https://www.econbiz.de/10010276950