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Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10011401423
(carrots) and restrictive (sticks) programs. We apply this to contrast regime and treatment effects on unemployment durations …, employment, and post-unemployment earnings using register data that contain PES and case-worker identifiers for about 130,000 job … seekers. The results show that "carrots" and "sticks" treatments prolong unemployment, but carrots increase earnings whereas …
Persistent link: https://www.econbiz.de/10011376303
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10011333880
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10011511086
Switzerland is a small country with rich cultural and geographic diversity. The Swiss unemployment rate is low, at … as a narrowing but persistent gender pay gap. Additionally, regional differences in unemployment are significant. …
Persistent link: https://www.econbiz.de/10012209845
) programs. We apply this to contrast regime and treatment effects on unemployment durations, employment, and postunemployment … intensive carrots and sticks regimes each reduce unemployment durations, but with carrots regimes this raises earnings whereas …
Persistent link: https://www.econbiz.de/10011796414
Switzerland is a small country with rich cultural and geographic diversity. The Swiss unemployment rate is low, at only …, as well as a narrowing but persistent gender pay gap. Additionally, regional differences in unemployment are significant. …
Persistent link: https://www.econbiz.de/10011751068
Aggregated output in industrialized countries has become less volatile over the past decades. Whether this "Great Moderationʺ can be found in firm level data as well remains disputed. We study the evolution of firm level output volatility using a balanced panel dataset on German firms that...
Persistent link: https://www.econbiz.de/10003729690
Persistent link: https://www.econbiz.de/10011444707
We discuss properties of alternatives or complements to GDP as a measure of welfare at business cycle frequencies. We argue that these figures are not useful to measure the welfare costs of business cycles. First, data is not available at an appropriate quality and frequency. Second, since the...
Persistent link: https://www.econbiz.de/10010480242