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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/10012600169
(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/10012313891
Persistent link: https://www.econbiz.de/10014303997
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
Berechnungen auf Basis des Sozio-oekonomischen Panels (SOEP) zeigen, dass sich nach der Einführung des Mindestlohns in Deutschland im Jahr 2015 das Wachstum der Stundenlöhne für die anspruchsberechtigten Beschäftigten gerade im unteren Bereich der Stundenlohnverteilung beschleunigt hat. So...
Persistent link: https://www.econbiz.de/10011874921
This paper evaluates the short-run impact of the introduction of a statutory minimum wage in Germany on the hourly wages and monthly earnings of workers targeted by the reform. We first provide detailed descriptive evidence of changes to the wage structure in particular at the bottom of the...
Persistent link: https://www.econbiz.de/10012193575
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