This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

falls in the trend employment-population ratio. The recent shift in the Beveridge Curve during the Great Recession is …

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We …) improve employment and welfare, (b) do not raise earnings inequality and (c) are self-financing. This criterion enables us to …

people’s employment incentives and could achieve reductions in unemployment without reducing the level of support to the …We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced …

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating … income and employment may be interdependent for various important reasons. For example, the more employment policies … stimulate the employment rate, the greater the length of time over which workers use the human capital generated by training …

We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare …. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the … reduce the incentive to become skilled. So they increase the low-skilled labor force which faces a relatively low employment …

full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

stochastic volatility model of sectoral employment growth. Reallocative shocks have no effect on the natural rate of unemployment … the rise in trend unemployment in Germany in the 1980s or for a possible rise in trend unemployment in the United States …

In this paper, I estimate a series of long run reallocative shocks to sectoral employment using a stochastic volatility … model of sectoral employment growth for the United States from 1960 through 2011. Reallocative shocks (which primarily … measure construction and technology busts) have little effect on the natural rate of unemployment or on long run productivity …