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work sharing schemes, should be applied in severe recessions for a limited time period of time only. ALMPs creating … market, especially during recoveries. In-work benefits and public works are not very cost-efficient in terms of raising …
Persistent link: https://www.econbiz.de/10010289945
labor market and fiscal policies. Simulation results focus on the effects of employment subsidies and in-work benefits and …
Persistent link: https://www.econbiz.de/10010276998
Using data from the Current Population Survey (CPS), we show that the COVID-19 pandemic led to a loss of aggregate real …
Persistent link: https://www.econbiz.de/10012322442
Short-time work compensation aims at reducing lay-offs by allowing employers to temporarily reduce hours worked while … unemployment during downturns. All in all, it seems that short-time work programs used in the recent downturn had significant …
Persistent link: https://www.econbiz.de/10010274716
While high rates of youth unemployment are a severe problem in most European countries, the program evaluation … components: a) individual coaching, b) classroom training and c) temporary work. Using an ex-post quasi-randomization approach …
Persistent link: https://www.econbiz.de/10010283962
This paper presents new information on activity-related eligibility criteria for unemployment and related benefits in OECD and EU countries in 2017, comparing the strictness of "demanding" elements built into unemployment benefits across countries and over time. Eligibility criteria for...
Persistent link: https://www.econbiz.de/10011931669
Labour market institutions are deemed to have a great influence on the level and structure of employment. This holds for regulation on employment protection, minimum wages or tax/benefit systems as well as active labour market policies. This is why policy makers implement labour market reforms...
Persistent link: https://www.econbiz.de/10011494338
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10012882343
Providing income support to unemployed education-leavers reduces the returns to investments in education because it … conditioning the prospective entitlement to unemployment benefits for education-leavers on age or schooling attainment can affect … degree completion and reduce dropout in higher education, but not in high school. We argue that the higher prevalence of …
Persistent link: https://www.econbiz.de/10013351978
Our paper investigates the relative effects of wage subsidies and further vocational training on the subsequent employment prospects of previously unemployed program participants. First, we outline a theoretical approach based on a firm's hiring decision. For the relative effectiveness of both...
Persistent link: https://www.econbiz.de/10010271391