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period of bonus eligibility. Both labor supply and search theories of unemployment are shown to suggest a rise in the …Reemployment bonus experiments offer large lump sum payments to unemployment insurance (UI) recipients who find a job … Illinois and discusses the implications of the experiments for theories of unemployment and policy design. I examine the hazard …
Persistent link: https://www.econbiz.de/10013248100
UK population growth over the past thirty-five years has been remarkably low in comparison with other countries; the … population grew by just 7% between 1971 and 2004, less than all the other EU15 countries. The UK population has grown at a faster … the flow of workers from Eastern Europe, the fear of unemployment has risen in the UK which appears to have contained wage …
Persistent link: https://www.econbiz.de/10012775790
approach, we find that union density is greatest, ceteris paribus, within establishments in areas of high unemployment …
Persistent link: https://www.econbiz.de/10012777118
laws, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor … paper suggests that the main difference between Europe and the US in this respect is their different labor market policies …. European countries reduce wage flexibility and inequality through a host of labor market regulations, like binding minimum wage …
Persistent link: https://www.econbiz.de/10012754112
Following Phillip's original work on the UK, applied research on unemployment and wages has been dominated by the … rate of unemployment. This 'wage curve' is found to have an elasticity of approximately -0.1. Contrary to the Phillips …
Persistent link: https://www.econbiz.de/10013308480
Colombia's unemployment rate rose to 20% during the late 1990s from less than 8% in 1994. This paper argues that this … has been the result of high non-wage labor costs embodied in the legislation. The estimated own-wage labor demand … reforms did have an impact on labor demand through its effect on relative prices alone. Finally, we conclude that the wage …
Persistent link: https://www.econbiz.de/10013308513
, leading in turn to higher, not lower, unemployment. And, even if unemployment comes down, workers may actually be worse off …, going through many spells of unemployment and fixed duration jobs, before obtaining a regular job. Looking at French data … substantial reduction in unemployment duration. If anything, their effect on welfare of young workers appears to have been …
Persistent link: https://www.econbiz.de/10013310807
same size shock has differential effects on unemployment when labor market institutions differ. We interpret this as …Two key facts about European unemployment must be explained: the rise in unemployment since the 1960s, and the … heterogeneity of individual country experiences. While adverse shocks can potentially explain much of the rise in unemployment …
Persistent link: https://www.econbiz.de/10013313325
unemployment on inflation, for given expected inflation, decreased until the early 1990s, but has remained roughly stable since …
Persistent link: https://www.econbiz.de/10013011919
unemployment insurance (UI). This policy reform improved job information and sharpened bureaucratic incentives to find jobs for the … unemployment outflows. This is consistent with a model where information helps both groups, but bureaucrats were given incentives …
Persistent link: https://www.econbiz.de/10013022604