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labour market in terms of the incentives that economic agents face. To fulfil its new role the following three reform …
Persistent link: https://www.econbiz.de/10010460018
We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the balances in these accounts would then be available to...
Persistent link: https://www.econbiz.de/10011412084
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …
Persistent link: https://www.econbiz.de/10003827234
Persistent link: https://www.econbiz.de/10003791044
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are … empirical regularities that the conventional matching model cannot. -- Matching ; incentives ; adjustment costs ; unemployment …
Persistent link: https://www.econbiz.de/10003832116
Persistent link: https://www.econbiz.de/10008908097
' employment incentives. This thesis consists of three parts. In the first part (Chapter 2) we identify the extent of the … accounts will improve employment incentives and thereby also the overall unemployment rate. We employ a stochastic life …-cycle framework to study how the trade-off between labor market incentives, consumption and savings is affected under a system of …
Persistent link: https://www.econbiz.de/10009764054
Persistent link: https://www.econbiz.de/10001462116
Persistent link: https://www.econbiz.de/10001687599
We explore the far-reaching implications of low-wage subsidies on aggregate employment. Low-wage subsidies have three important effects. First, they promote employment of unskilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff of unskilled work relative to...
Persistent link: https://www.econbiz.de/10003367983