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Short-time work programs were revived by the Great Recession. To understand their operating mechanisms, we first provide a model showing that short-time work may save jobs in firms hit by strong negative revenue shocks, but not in less severely-hit firms, where hours worked are reduced, without...
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of different job search methods, conditional unemployment benefits hikes can improve welfare when individuals are risk …
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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/10010355704
the fragility of low-seniority jobs implies that layoff costs reduce the average job duration and increase unemployment …
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The systematic use of experience rating is an original feature of the U.S. unemployment benefit system. In most states …, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require … employers to contribute to the payment of unemployment benefits they create through their firing decisions. It is striking that …
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skill certification improves youth prospects only when the local unemployment rate is sufficiently low, which occurs in one …
Persistent link: https://www.econbiz.de/10011672601
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