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that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …
Persistent link: https://www.econbiz.de/10005000373
that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …
Persistent link: https://www.econbiz.de/10008533660
large number of competitive firms produce a homogeneous output good. Involuntary unemployment arises from a too high and …
Persistent link: https://www.econbiz.de/10008459550
We reassess the “scarring” hypothesis by Clark et al. (2001) which states that unemployment experienced in the past … the scar from past unemployment but the expectation to become unemployed in the future that makes people unhappy. Hence …, the terminology should be changed by one letter: unemployment is not “scarring”, but “scaring”. …
Persistent link: https://www.econbiz.de/10005170462
In this paper, we attempt to renew the interest in marginal employment subsidies. Such subsidies are paid only for a firm's additional employment exceeding some reference level and create larger employment stimuli at lower fiscal costs than general wage subsidies for all workers. If the hiring...
Persistent link: https://www.econbiz.de/10005405928
We reassess the “scarring” hypothesis by Clark et al. (2001), which states that unemployment experienced in the past … from past unemployment operates via worsened expectations of becoming unemployed in the future, and that it is future … insecurity that makes people unhappy. Hence, the terminology should be altered by one letter: past unemployment “scars” because …
Persistent link: https://www.econbiz.de/10005405975
The social norm of unemployment suggests that aggregate unemployment reduces the well-being of the employed, but has a … the appropriate distinction may not be between employment and unemployment, but rather between higher and lower levels of … regional unemployment. However, the insecure employed and the poor-prospect unemployed are less negatively, or even positively …
Persistent link: https://www.econbiz.de/10005406142
We study the subsidization of extra jobs in a general equilibrium framework. While the previous literature focuses on symmetric marginal employment subsidies where firms are rewarded when they increase employment but punished when they reduce their workforce, we consider an asymmetric scheme...
Persistent link: https://www.econbiz.de/10005406277
that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …
Persistent link: https://www.econbiz.de/10004992437
Socio-Economic Panel we show that women respond to their partners’ unemployment with an increase in labor market …-effects separately, revealing differences in the relationships between women’s labor market statuses and their partners’ unemployment in … similar to that of his unemployment. …
Persistent link: https://www.econbiz.de/10011892063