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Standard job search theory assumes that unemployed individuals have perfect information about the effect of their search effort on the job offer arrival rate. In this paper, we present an alternative model which assumes instead that each individual has a subjective belief about the impact of his...
Persistent link: https://www.econbiz.de/10010272040
The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – which was favorable for the German economy structure – but also in a series of labor market...
Persistent link: https://www.econbiz.de/10009684837
instantaneous features of participation such as, perhaps, the adoption of a more rigorous daily routine. Unemployment benefits …
Persistent link: https://www.econbiz.de/10012313891
(ALMP) to fight unemployment in many countries in recent years. In contrast to traditional ALMP instruments like training … unemployed individuals to exit unemployment by entering self-employment and, thus, by creating their own jobs. In this sense … combat unemployment but also as business policy to promote entrepreneurship. The corresponding empirical literature on this …
Persistent link: https://www.econbiz.de/10012128760
instantaneous features of participation such as, perhaps, the adoption of a more rigorous daily routine. Unemployment benefits …
Persistent link: https://www.econbiz.de/10012600169
and those predicted to face a penalty compared to their pre-unemployment wage display overly optimistic wage expectations …
Persistent link: https://www.econbiz.de/10015044969
Persistent link: https://www.econbiz.de/10014303997
Calculations based on data from the Socio-Economic Panel (SOEP) show that after the introduction of a statutory minimum wage in Germany in January 2015, the wage growth of eligible employees with low wages accelerated significantly. Before the reform, the nominal growth in contractual hourly...
Persistent link: https://www.econbiz.de/10011777037
Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP) zeigen, dass sich nach der Einführung des Mindestlohns im Januar 2015 das Lohnwachstum der anspruchsberechtigten Beschäftigten mit niedrigen Löhnen deutlich beschleunigt hat: So lag das nominale Wachstum bei den vertraglichen...
Persistent link: https://www.econbiz.de/10011778149
This study quantifies the short-term distributional effects of the new statutory minimum wage in Germany. Using detailed survey data (German Socio-Economic Panel), we assess changes in the distributions of hourly wages, contractual and actual working hours, and monthly earnings. Our descriptive...
Persistent link: https://www.econbiz.de/10011784005