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Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …
Persistent link: https://www.econbiz.de/10010375309
Job creation has lowered unemployment, but the Belgian labour market still faces many challenges. Employment rates … combination of income support and incentives could be achieved through reforming both unemployment and in-work benefits. Reforming …
Persistent link: https://www.econbiz.de/10012203307
Do flexibility-enhancing reforms imply more employment instability? Using individual-level data from harmonised household surveys for 26 advanced countries, this paper analyses the effects of product and labour market reforms on transitions in and out of employment. Results indicate that reforms...
Persistent link: https://www.econbiz.de/10011578197
Inflation has become much less sensitive to movements in unemployment in recent decades. A common explanation for this … unemployment gap which underlie the OECD’s Economic Outlook projections. The former OECD specification can be characterised as a … backward-looking specification, the anchored expectations approach also tends to imply larger unemployment gaps for those …
Persistent link: https://www.econbiz.de/10011399530
quantification of reform packages. In line with previous findings, elements of the tax benefit system, activation policies and wage … setting institutions are found to be robust policy determinants of the aggregate employment and unemployment rates. Looking …
Persistent link: https://www.econbiz.de/10011399720
contribution of each age group to total unemployment-rate differentials is also computed. An estimate of the sensitivity of age …-specific unemployment rates to the economic cycle is provided for OECD countries. France is one of the OECD countries having the highest …’s total unemployment rate differential with best-performing countries. Youth unemployment rate is especially sensitive to …
Persistent link: https://www.econbiz.de/10009711213
In this paper we examine whether past labour market reforms aiming at reducing the rate of unemployment have raised its … Monte-Carlo techniques, we do not find any evidence of such policy trade-off. In contrast, we find that reduced unemployment … associated with a weaker persistence of unemployment over time, which implies a lower volatility of unemployment in the long run …
Persistent link: https://www.econbiz.de/10009711222
markets, crowd out productive investment and fuel unemployment. Declining wage shares in OECD countries may be driven in part …
Persistent link: https://www.econbiz.de/10011914294
that offer the advantage of reporting monthly transitions between employment, unemployment and economic inactivity for …
Persistent link: https://www.econbiz.de/10011578208
South Africa has an incomplete social protection system without a mandatory pension savings scheme. Designing a universal insurance pension system would allow to reduce the important government funded pension grant system and ensure that the old-age population has decent income. Only 40% of...
Persistent link: https://www.econbiz.de/10012304421