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This paper uses the Italian Social Security employer-employee panel to study the effects of the Italian reform of 1990 on worker and job flows. We exploit the fact that this reform increased unjust dismissal costs for firms below 15 employees, while leaving dismissal costs unchanged for bigger...
Persistent link: https://www.econbiz.de/10012903630
Every year has large demand and supply shifts associated with the seasons, regardless of the phase of the business cycle. Based on measures dating back to the 1940s, the seasonal shifts reject the hypotheses that demand shifts affect employment outcomes significantly more in recession years than...
Persistent link: https://www.econbiz.de/10013138313
--measured with unemployment rates--and environmental concern. Building on recent research that finds internet search terms to be … useful predictors of health epidemics and economic activity, we find that an increase in a state's unemployment rate … decreases Google searches for "global warming" and increases searches for "unemployment," and that the effect differs according …
Persistent link: https://www.econbiz.de/10013139745
. Government incentives to production may alleviate high unemployment in this economy, but at the cost of exacerbating sclerosis …
Persistent link: https://www.econbiz.de/10013139984
and Sweden). We conduct inference with mixed frequency data, combining quarterly series for unemployment, vacancies, GDP …, consumption, and investment, with annual data on unemployment flows. Parameters and shocks are estimated separately for each … country, which can then vary in terms of search and hiring costs, workers' bargaining power, unemployment benefits levels …
Persistent link: https://www.econbiz.de/10013114011
The aggregate neoclassical growth model - with means-tested subsidies whose replacement rates began rising at the end of 2007 as its only impulse - produces time series for aggregate labor usage, consumption, investment, and real GDP that closely resemble actual U.S. time series. Despite having...
Persistent link: https://www.econbiz.de/10013120207
generates high unemployment in equilibrium, we estimate a structural search model that incorporates both observed heterogeneity … share of youth experiencing long-term unemployment …
Persistent link: https://www.econbiz.de/10013122184
foregone unemployment insurance about equally erode the rewards from retaining a job, or starting a new one …
Persistent link: https://www.econbiz.de/10013096855
institutional settings where a policy variable (such as weekly unemployment benefits) is determined by an observed but potentially … unemployment insurance benefits on the duration of joblessness in Austria, where the benefit schedule has kinks at the minimum and …
Persistent link: https://www.econbiz.de/10013097659
recovered but unemployment lingered). This paper presents a model that captures these three facts. The key elements of the model …
Persistent link: https://www.econbiz.de/10013097777