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The authors analyse the macroeconomic impact of the French work-sharing reform of 2000 (a reduction of standard working hours in combination with wage subsidies). Using a vector error correction model (VECM) for several labour market variables as well as inflation and output the authors produce...
Persistent link: https://www.econbiz.de/10003744522
In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
(unemployment generosity, tax wedge, active labour market policies, employment protection legislation, product market regulation …
Persistent link: https://www.econbiz.de/10003790668
with subsequent unemployment. …
Persistent link: https://www.econbiz.de/10008825072
Persistent link: https://www.econbiz.de/10003987958
Persistent link: https://www.econbiz.de/10008653299
increasing unemployment. A key question is which policies have this effect. Using a 3-year panel of 90 countries, the study finds … that the unemployment rate is affected by the existence, duration, and replacement rate of unemployment insurance. Hiring … unemployment. These results are broadly in line with the extensive literature on countries of the Organisation for Economic Co …
Persistent link: https://www.econbiz.de/10008658790
Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in...
Persistent link: https://www.econbiz.de/10009357440
Persistent link: https://www.econbiz.de/10009376940
While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is … not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can …
Persistent link: https://www.econbiz.de/10009154493