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We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …
Persistent link: https://www.econbiz.de/10010425498
This contribution develops a blueprint for a European fiscal union. The proposal addresses the shortcomings of most other reform designs which do not offer a solution for insolvent or noncooperative euro countries. We suggest a design which combines fiscal insurance with an orderly procedure to...
Persistent link: https://www.econbiz.de/10011300749
In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical … literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the … 1973 to 2008, we show that oil price increases induce a rise in unemployment in the German labor market. Moreover, for a …
Persistent link: https://www.econbiz.de/10003806166
considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous …
Persistent link: https://www.econbiz.de/10002906072
Persistent link: https://www.econbiz.de/10003314698
In 1997, the German government enacted a reform of the unemployment insurance system which lead to a reduction of the … maximum entitlement length for unemployment benefits. The paper analyses the effects of this reform on the risk of … unemployment and on unemployment duration of the older unemployed aged 54-56. This group lost a smooth early retirement path via …
Persistent link: https://www.econbiz.de/10003671087
Unemployment information in individual level register data depends on institutional settings, administrative procedures … German legal unemployment definitions for the Sample of the Integrated Employment Biographies (IEBS). The IEBS belongs to a … show large differences in the number of spells and the unemployment duration across implementations. This suggests that …
Persistent link: https://www.econbiz.de/10003502625