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Organisation for Economic Co-operation and Development countries spend, on average, an equivalent of 0.4% of their gross domestic product on active and passive labor market policies. This is a non-negligible sum, especially in times of strained government budgets. Meetings with case workers -...
Persistent link: https://www.econbiz.de/10011420113
All developed economies have unemployment benefit programs to protect workers against major income losses during spells … of unemployment. By enabling unemployed workers to meet basic consumption needs, the programs protect workers from having … recessions. If benefits are too generous, however, the programs can lengthen unemployment and raise the unemployment rate. The …
Persistent link: https://www.econbiz.de/10011413806
The youth population bulge is often mentioned in discussions of youth unemployment and unrest in developing countries … to fall. Evidence on the link between youth bulges and youth unemployment is mixed. It should not be assumed that … declines in the relative size of the youth population will translate into falling youth unemployment without further policy …
Persistent link: https://www.econbiz.de/10011416407
Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and …
Persistent link: https://www.econbiz.de/10011416465
Reducing youth unemployment and generating more and better youth employment opportunities are key policy challenges …
Persistent link: https://www.econbiz.de/10011422399
Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as … the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and … unemployment benefits can contribute to happiness - though when such policies prolong unemployment, the net effect on national …
Persistent link: https://www.econbiz.de/10011430773
The trend towards labor market flexibility in Europe has typically involved introducing legislation that makes it easier for firms to issue temporary contracts with low firing costs, while not changing the level of protection that is in place for permanent jobs. This has created a strong...
Persistent link: https://www.econbiz.de/10011433382
Standard economic theory suggests that individuals know best how to make themselves happy. Thus, policies designed to encourage "better" behaviors will only reduce people's happiness. Recently, however, economists have explored the role of impatience, especially difficulties with delaying...
Persistent link: https://www.econbiz.de/10011434104
Continuous enterprise restructuring is needed for the transition and emerging market economies to become and remain competitive. However, the beneficial effects of restructuring in the medium run are accompanied by large worker displacement. The costs of displacement can be large and...
Persistent link: https://www.econbiz.de/10011414159
reasons, are unable to work as much as they would like to. Offering unemployment benefits to part-time unemployed workers is …
Persistent link: https://www.econbiz.de/10011433604