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Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the Great Recession. This paper assesses the role of the labor market reforms for the latter development. Against this background, general lessons are drawn from the German...
Persistent link: https://www.econbiz.de/10010884403
-being responds negatively (positively) to an increase in the GDP (unemployment rate) of their home country. That is, we originally …
Persistent link: https://www.econbiz.de/10010933917
models have deeply renewed the understanding of job search, job flows, job creations and destructions, unemployment and wage … optimal level of unemployment benefits, the funding of unemployment insurance and the impact of employment protection …
Persistent link: https://www.econbiz.de/10010959848
the unemployment rate over this period. More precisely, empirical evidence suggests that the creation of one public job …
Persistent link: https://www.econbiz.de/10010750603
In search of a macroeconomic theory of wage determination, the agnostic reader should be puzzled by the apparent contradiction between two influential theories. On one hand, in the standard search-matching theory with wage bargaining, hiring cost and constant returns of labor, the bargaining...
Persistent link: https://www.econbiz.de/10005703320
high severance payments are likely to decrease unemployment but systematically decrease welfare and raise inequality …
Persistent link: https://www.econbiz.de/10005703431
Based on the current European discussion about immigration policy, this paper gives an overview of central economic consequences of immigration for a host country=s labor market. The most important theoretical arguments are presented and evaluated against the available empirical evidence. The...
Persistent link: https://www.econbiz.de/10005703818
insiders to firing restrictions does not necessarily worsen unemployment. In fact, it may be the willingness of a majority of … unemployment and deteriorates efficiency. Moreover, we argue, that the concentration of firm ownership is likely to influence labor …
Persistent link: https://www.econbiz.de/10005822230
active labor market policy, are only partly reported as unemployment. A review of the evidence on the effectiveness of labor … have alleviated social burdens from unemployment. Discussing what causes the high unemployment in the east, we claim that … effects of wage policy have been overrated. Differences in unemployment rates are also the result of more ample labor supply …
Persistent link: https://www.econbiz.de/10005763806
This paper is based on recently collected and rich survey data of a representative sample of entrants into unemployment …
Persistent link: https://www.econbiz.de/10008497002