Similar Search Results

Should unemployment insurance be asset-tested

Koehne, Sebastian; Kuhn, Moritz - 2013

We study asset-tested unemployment insurance in an incomplete markets model with moral hazard during job search. Asset … testing has two counteracting effects on welfare. On the one hand, it improves consumption insurance by introducing state … time-discount factors. We conclude that the current U.S. unemployment insurance system is approximately optimal. …

Persistent link: https://www.econbiz.de/10009765509

Should unemployment insurance be asset-tested?

Koehne, Sebastian; Kuhn, Moritz - 2013

Persistent link: https://www.econbiz.de/10009766145

Short-time work compensations and employment : temporary government schemes can have a positive economic effect

Cahuc, Pierre - 2014

Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...

Persistent link: https://www.econbiz.de/10011413675

Short-time work subsidies in a matching model

Meier, Volker - 2018

We consider positive and normative aspects of subsidizing work arrangements where subsidies are paid in time of low demand and reduced working hours so as to stabilize workers' income. In a matching framework such an arrangement increases labor demand. Tightening eligibility to short-time work...

Persistent link: https://www.econbiz.de/10011924471

Theory and empirics of short-time work : a review

Bermudez, Natalia; Dejemeppe, Muriel; Tarullo, Giulia - 2023

Following massive take-up rates during the COVID-19 period, short-time work (STW) policies have attracted renewed interest. In this paper, we take stock of this policy instrument and provide a critical review of STW systems in Europe. We focus on the objectives of STW programs and their primary...

Persistent link: https://www.econbiz.de/10014433060

Product market imperfections and employment dynamics

Carlsson, Mikael; Eriksson, Stefan; Gottfries, Nils - 2011 - rev.

How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and convex adjustment costs. From this model, we derive a...

Persistent link: https://www.econbiz.de/10010127990

Labor Market Institutions, Wages and Investment

Pischke, Jörn-Steffen - 2021

Labor market institutions, via their effect on the wage structure, affect the investment decisions of firms in labor markets with frictions. This observation helps explain rising wage inequality in the US, but a relatively stable wage structure in Europe in the 1980s. These different trends are...

Persistent link: https://www.econbiz.de/10013318980