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Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …
Persistent link: https://www.econbiz.de/10012461471
Persistent link: https://www.econbiz.de/10012474146
This paper examines the performance of the German economy and the role of the regulation and welfare state policies in affecting its performance. While the German economy is still strong, incentives in place are likely to impair future German competitiveness and productivity
Persistent link: https://www.econbiz.de/10012469516
Older Americans, even those who are long retired, have strong willingness to work, especially in jobs with flexible schedules. For many, labor force participation near or after normal retirement age is limited more by a lack of acceptable job opportunities or low expectations about finding them...
Persistent link: https://www.econbiz.de/10012453705
During the Great Depression of 1930s, changes in the workweek drove a larger portion of changes in total labor input than in other decades. Work-sharing policies appear to be responsible. Hoover created various work-sharing committees lead by key industrialists, which pushed for shorter...
Persistent link: https://www.econbiz.de/10012459846
taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …
Persistent link: https://www.econbiz.de/10012471121
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 … institutions pre-date the rise in unemployment. Based on a panel of institutions and shocks for 20 OECD nations since 1960, we find …
Persistent link: https://www.econbiz.de/10012471501
This paper examines the evidence from randomized evaluations of sector-focused training programs that target low-wage workers and combine upfront screening, occupational and soft skills training, and wraparound services. The programs generate substantial and persistent earnings gains (11 to 40...
Persistent link: https://www.econbiz.de/10012482466
Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...
Persistent link: https://www.econbiz.de/10012464806
, permanent unemployment subsidies, firing costs, etc. Such policies create incentives to develop and adopt labor saving capital …
Persistent link: https://www.econbiz.de/10012466081