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raising unemployment benefits in a model with endogenous job destruction and skill mismatch leads to a longer expected … duration of post-unemployment job matches. On the other hand, an increase in skill mismatch in the aggregate production … function lowers the level of unemployment in an economy with high unemployment benefits. The third chapter empirically …
Persistent link: https://www.econbiz.de/10009467002
relation between the job–finding rate and the vacancy–unemployment ratio, provided that search costs are small and that search …
Persistent link: https://www.econbiz.de/10009471656
immigration. The first paper gives an overview on the economic literature on the impact of immigration on unemployment and wages …
Persistent link: https://www.econbiz.de/10009471669
In this thesis it is analyzed if promoting product market competition can help to to fight unemployment in Europe. We … affect aggregate unemployment for an exogenously given minimum real wage. The bottom-line was that product market reforms … will help to reduce aggregate unemployment under most circumstances.Modeling a microfoundation of mark-ups, we have …
Persistent link: https://www.econbiz.de/10009476214
We consider misconceptions about the functioning of the economy as one possible explanation for the emergence of crises in democracies. Furthermore, we study a political process which may lead to successful reform. First of all, we show that voters can make inefficient decisions concerning...
Persistent link: https://www.econbiz.de/10009476265
This work analyzes the saving and consumption behavior of agents faced with the possibility of unemployment in a …
Persistent link: https://www.econbiz.de/10009449071
the one hand, lower reservation wages reduce unemployment duration, but on the other hand, agents have shorter spells of … active search and hence higher exit rate from unemployment into nonparticipation. The effect of these measures on total … employment is ambiguous in the model. Simulations show that there are cases when reduction of the unemployment benefits …
Persistent link: https://www.econbiz.de/10009450193
Persistent link: https://www.econbiz.de/10010353235
share ownership) at the industry and economy level. Starting point is the analysis of existing unemployment with regards to … original causes and the reasons for persistency.The conclusion is that existing unemployment can be explained by several … theories and may be divided into various A major part of the unemployment can be explained by unflexible, exzessive real wages …
Persistent link: https://www.econbiz.de/10009433720
Persistent link: https://www.econbiz.de/10003998227