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States at business cycle frequency. That being so,it can also generate large procyclical fluctuations in the vacancy-unemployment … ratio. This results from two plausible explanations, namely heterogeneity in households preferences and unemployment …
Persistent link: https://www.econbiz.de/10010816009
This article proposes a new approach to estimate the effect of the unemployment rate on the labor participation ratio …
Persistent link: https://www.econbiz.de/10010932915
identified: old-age pensions, conventional early retirement, disability insurance, and unemployment insurance are the most …
Persistent link: https://www.econbiz.de/10011271992
The paper studies retirement behavior of wage‐earners in Belgium – for the first time using rich survey data to explore retirement incentives as faced by individuals. Specifically, we use SHARE data to estimate a model à la Stock and Wise (1990). Exploring the longitudinal nature of...
Persistent link: https://www.econbiz.de/10011271996
Unemployment insurance is a key tool for risk sharing and redistribution and also a prominent automatic stabiliser. It … of vulnerability of the unemployment insurance schemes of OECD and BRIICS countries. Policies that boost both financial …
Persistent link: https://www.econbiz.de/10011276886
The paper studies the impact from variations in unemployment on retirement among older workers. We integrate … unemployment variations with early retirement programs and other pathways out of the labor force. The paper describes retirement … unemployment on the retirement decision. Unemployment is found highly significant and quantitatively important for the retirement …
Persistent link: https://www.econbiz.de/10011279345
labor force participation rate. Some public discussions suggest that the decline of US unemployment from its 2009 peak of 10 … one-third is found attributable to the lagged influence of high, and especially long-term, unemployment, going forward the …
Persistent link: https://www.econbiz.de/10010813805
Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10010814478
This article proposes a new approach to estimate the effect of the unemployment rate on the labor participation ratio …
Persistent link: https://www.econbiz.de/10010756817
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10010884429