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In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80 percent to …
Persistent link: https://www.econbiz.de/10009781646
the design of optimal unemployment insurance in an economy with unemployment as well as part-time unemployment. Part …-time unemployment provides income insurance and serves as a stepping stone to full-time jobs. Unemployment benefits for part …-timers increase the outflow from unemployment to part-time work but reduce the outflow from part-time work to fulltime employment. We …
Persistent link: https://www.econbiz.de/10013316057
probability of leaving unemployment? The experiment indicates that a relatively large fraction (one third) of the referrals do not …, especially among young people. However, we find no significant impact on the duration of unemployment …
Persistent link: https://www.econbiz.de/10013316401
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10013316967
In 2001 and 2002, Sweden introduced several unemployment insurance reforms. A major innovation in the first reform was … compensation during the first 20 weeks of unemployment. The 2002 reform retained the two-tiered benefit structure but involved also … unemployment to employment. We take advantage of the fact that the reforms had quasi-experimental features where the "treatments …
Persistent link: https://www.econbiz.de/10013318549
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10013319988
The rise in European unemployment has inspired much new research on the causes and mechanisms of unemployment …, analogous to the interest devoted to unemployment in the 1930s. The new research has to a large extent focused on wage … for the existence and persistence of involuntary unemployment. This paper offers a survey of recent research on …
Persistent link: https://www.econbiz.de/10012443848
services are produced both in the market and within the households. We use the model to examine how unemployment and welfare … reduces unemployment whereas a tax cut on goods has no effect. A reform involving tax differentiation, with lower taxes on …
Persistent link: https://www.econbiz.de/10011586206
econometric testing. The evolution of the economic analysis of unemployment insurance provides a good illustration. New … the economic analysis of unemployment insurance as it has evolved since the 1970s. …
Persistent link: https://www.econbiz.de/10011586313
Should unemployment compensation be paid indefinitely at a fixed rate or should it decline (or increase) over a worker … s unemployment spell? We examine these issues using an equilibrium model of search unemployment. The model features … is that an optimal insurance program implies a declining sequence of unemployment compensation over the spell of …
Persistent link: https://www.econbiz.de/10011587737