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Recent labor market reforms in Germany aim, among other things, at reducing unemployment by restricting passive … unemployment measures, emphasizing local labor market policies and re-structuring public employment services. This paper uses … contribute to the shortening of unemployment duration. For this purpose, we estimate a semi-parametric duration model with three …
Persistent link: https://www.econbiz.de/10003404769
The paper analyses the potential impact of stock market developments on lending behaviour from different perspectives. First we scrutinize the impact of stock market movements on the banks’ and on the borrowers’ balance sheets. Subsequently we estimate aggregate credit supply and demand...
Persistent link: https://www.econbiz.de/10003342766
periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …
Persistent link: https://www.econbiz.de/10003435417
, recent unemployment and the position in the population income distribution before unemployment have the strongest effects on …In this paper, we estimate the effect of different macro and micro variables on thedistribution of unemployment … duration in West Germany using censored quantile regressions. We analyze unemployment periods of more than 91,000 observations …
Persistent link: https://www.econbiz.de/10003671016
finite sample properties and our implementation appears to be very fast. A small application to German unemployment duration … level of social benefits has a strong impact on the length of long term unemployment for low earners and fertility is … related with longer unemployment periods of females. …
Persistent link: https://www.econbiz.de/10003527620
Economic theory suggests that an extension of the maximum length of entitlement for unemployment benefits increases the … duration of unemployment. Empirical results for the reform of the unemployment compensation system in Germany during the 1980s … unemployment is not directly observed. For this reason we bound the reform effect on unemployment duration over different …
Persistent link: https://www.econbiz.de/10002821762
We compare information on the length of unemployment spells contained in the IAB employment subsample (IABS) and in the … German Socio-Economic Panel (GSOEP). Due to the lack of information on registered unemployment in the IABS, we use two … proxies of unemployment in the IABS as introduced by Fitzenberger/Wilke (2004). The first proxy comprises all periods of …
Persistent link: https://www.econbiz.de/10002590971
Persistent link: https://www.econbiz.de/10002240508
Persistent link: https://www.econbiz.de/10001999187
Persistent link: https://www.econbiz.de/10001999192