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This paper provides quasi-experimental estimates of the causal effect of long-term unemployment on wages. Using … standard job search theory, the paper derives and tests conditions on reemployment wages under which Unemployment Insurance (UI …) extensions can be used as instrumental variables (IV) for unemployment duration. Using a regression discontinuity design, the …
Persistent link: https://www.econbiz.de/10013071300
Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …, contributed to an employment shortfall equivalent to 40 percent of the missing employment decline in the recession. Another 20 …
Persistent link: https://www.econbiz.de/10013122871
One goal of extending the duration of unemployment insurance (UI) in recessions is to increase UI coverage in the face … of longer unemployment spells. Although it is a common concern that such extensions may themselves raise nonemployment …
Persistent link: https://www.econbiz.de/10013110942
to lower unemployment. Whether work-sharing works - whether employment rises when hours per worker are reduced - is … standard hours, employment rose by 0.3-0.7%, but that total hours worked fell 2-3%, implying possible output losses. As a group … workers were better off, however, as the wage bill rose. The employment growth implied by the mean standard hours decline, at …
Persistent link: https://www.econbiz.de/10013215333
West Germany's Employment Promotion Act of 1985 facilitated the use of fixed term contracts and increased the number of … reduction in 'firing costs' on movements in employment is assessed using manufacturing data by detailed industry for the period … industries with high and low sales variability, suggest they are not the result of the Employment Promotion Act …
Persistent link: https://www.econbiz.de/10013242910