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Since the economic crisis in 2008, European youth unemployment rates have been persistently high at around 20% on average. The majority of European countries spends significant resources each year on active labor market programs (ALMP) with the aim of improving the integration prospects of...
Persistent link: https://www.econbiz.de/10011416888
In a randomised controlled trial in Austria, lowering caseloads for caseworkers in a Public Employment Office led to more meetings with unemployed clients, more job offers, more programme assignments, and more sanctions for noncompliance with job search requirements. It shortened unemployment...
Persistent link: https://www.econbiz.de/10014504841
During the COVID-19 pandemic, many countries used short-time work schemes, i.e., subsidies for temporary working hours reductions due to production drops. In Germany, regulations on entitlements and benefits have been much more generous during the pandemic than they were in noncrisis times. This...
Persistent link: https://www.econbiz.de/10014504872
We examine the employment effects of the 2019 minimum wage increase in Spain on individual probabilities of losing employment status (extensive margin) and lowering work intensity (intensive margin). To do so, we use variation of workers' exposure to the reform by comparing monthly employment...
Persistent link: https://www.econbiz.de/10015070457
This paper aims to examine the economic impact of the implementation of an unemployment insurance (UI) program for entrepreneurs in South Korea. Despite facing labor market risks similar to paid employees, entrepreneurs are often not eligible for UI in many countries. South Korea, where...
Persistent link: https://www.econbiz.de/10015062550
This paper upholds the classical Keynesian position that a laissez-faire market economy lacks a spontaneous tendency to full employment. Focusing on the UK case, it argues that monetary policy could not prevent the economic collapse of 2008-9 or achieve full recovery from the Great Recession...
Persistent link: https://www.econbiz.de/10013175036
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers older than 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on...
Persistent link: https://www.econbiz.de/10013198921
Recent evidence suggests that aid induces migration. This result is nevertheless not very informative from a policy perspective since what counts in terms of welfare consequences is the composition of migration. In this paper we focus on education and study which of skilled or unskilled...
Persistent link: https://www.econbiz.de/10009758849
Previous research on the determinants of international migration has largely focused on objective factors, such as income. We instead use subjective well-being (SWB) to explain international migration desires, an expressed willingness to migrate. We find that individuals with higher SWB have...
Persistent link: https://www.econbiz.de/10010372455
Persistent link: https://www.econbiz.de/10008729055