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unemployment reduce wellbeing; where the cost of inflation in terms of unemployment, hence the relative size of the weights in a … unemployment than inflation. Thus advocates and practioners of inflation only targeting are, and increasingly so, divorced from the …
Persistent link: https://www.econbiz.de/10004998028
The paper proposes a method to speed up the transition toward the notional contributions pension system in Italy. It seems the most appropriate manner to combine and pursue employment and financial sustainability goals. The method computes percentages for abating the old retributive pensions...
Persistent link: https://www.econbiz.de/10011112697
In this paper, we argue that welfare participation is more sensitive to economic conditions than previously believed. Why? Prior research focused on short-term economic fluctuations and ignored differences between high- and low-skilled workers. As welfare reform is long-term (i.e., permanent) it...
Persistent link: https://www.econbiz.de/10008565225
For the past fifteen years, urban employment has often been described by opposing strategic metropolitan jobs versus people excluded from the labor market. But, the pattern of the whole local labour market is changing, more and more fragmented, heterogeneous, diffuse in all the remaining spaces...
Persistent link: https://www.econbiz.de/10011020187
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010955891
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922
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/10011276961
The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …
Persistent link: https://www.econbiz.de/10005247692
renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …
Persistent link: https://www.econbiz.de/10005079106
effect of FDI on the district unemployment outflow and inflow rates, the aggregate unemployment exit hazard rates, and … subsequently both the unemployment rate and the employment rate. Using difference-in-differences analysis, labor market performance …. The results indicate a positive significant impact of the investment on the local unemployment outflow rate driven mainly …
Persistent link: https://www.econbiz.de/10005086674