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of time. The size of the vouchers increases with the duration of unemployment as well as with the qualification and … of unemployment durations and qualifications. We develop a simple formula to calculate the size of the voucher depending … on the new wage, the duration of unemployment and the subsequent employment duration. …
Persistent link: https://www.econbiz.de/10003481673
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …
Persistent link: https://www.econbiz.de/10003775079
Persistent link: https://www.econbiz.de/10003808736
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
This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …
Persistent link: https://www.econbiz.de/10003414301
This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …
Persistent link: https://www.econbiz.de/10003758672
This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …
Persistent link: https://www.econbiz.de/10013324988
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