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Australia has experienced a varied track record on unemployment. For the third quarter of the 20th century unemployment averaged 2.0 per cent. This is bracketed by average unemployment rates of 8.6 and 7.4 per cent in the second and fourth quarter centuries. Explanations of this phenomenon vary....
Persistent link: https://www.econbiz.de/10005260331
We examine how unemployment schemes and liquidity constraints affect re-employment probabilities and unemployment duration. In particular we investigate to which extent those schemes, through employment services and search requirements, can offset the expected perverse effect of benefits on...
Persistent link: https://www.econbiz.de/10009647236
We revisit the signalling hypothesis, whereby potential employers use the duration of unemployment as a signal as to the productivity of applicants. We suggest that the quality of such a signal is very low when the unemployed receive unemployment benefits: individuals have good reasons to remain...
Persistent link: https://www.econbiz.de/10005789480
The aim of this paper is to present evidence of the main factors that influence the voluntary decision of the assurance of unemployment in Chile. To carry out this purpose, a model Logit Binomial was estimated using information of the Survey of Socioeconomic Characterization (CASEN) 2003. The...
Persistent link: https://www.econbiz.de/10005790134
This paper provides an analysis of recent reforms of tax-benefit systems and a preliminary assessment of their impact on financial incentives to work and on labour supply. Many Member States have introduced policies to “make work pay” and have targeted low-wage workers with the aim of...
Persistent link: https://www.econbiz.de/10008565130
I construct a matching model to explain the labor market transition between employment, unemployment and … that the model is able to account for the U.S. labor market, especially the gross labor-force transition rates. I also find …
Persistent link: https://www.econbiz.de/10005055491
This paper examines the prospects for Australia meeting the Governments target to bring unemployment down to 5 per cent by the year 2000. Particular attention is paid to the effect of the business cycle on unemployment.
Persistent link: https://www.econbiz.de/10005620145
Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten gesellschaftlichen Probleme unserer Zeit. Doch welche Gründe liegen, trotz der über die Jahre eingeleiteten Maßnahmen zur Bekämpfung der Arbeitslosigkeit, für die anhaltende...
Persistent link: https://www.econbiz.de/10008622251
Monitoring the job-search activities of unemployed workers is a common government intervention. Typically, a caseworker reviews the unemployed worker's employment contacts at some frequency, and applies sanctions if certain requirements are not met. I model monitoring in the optimal unemployment...
Persistent link: https://www.econbiz.de/10008578294
This paper studies the effect mandated severance pay in a matching model featuring wage rigidity for ongoing, but not new, matches and Pareto efficient spot renegotiation of mandated severance pay. Severance pay matters only if real wage rigidities imply inefficient separation under employment...
Persistent link: https://www.econbiz.de/10011110179