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both types of uncertainty on wage-setting behavior in the larger monetary union and its effects on unemployment. In light …
Persistent link: https://www.econbiz.de/10010261289
uncertainty on wage setting behavior in the larger monetary union and its effects on unemployment. In light of these effects …
Persistent link: https://www.econbiz.de/10010295405
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10010260572
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10010261540
The objective of this paper is to examine the extent to which an individual?s use of unemployment insurance (UI) as a …
Persistent link: https://www.econbiz.de/10010262392
for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
Persistent link: https://www.econbiz.de/10010262567
non-participation, as a distinct state from unemployment and employment, is determined by the welfare system in … such as education, skill degradation, age, labor market shocks, labor taxes, unemployment insurance benefits and social … assistance. We extend our framework by allowing for time-inconsistent choices and demonstrate the possibility of an unemployment …
Persistent link: https://www.econbiz.de/10010264931
-term unemployment insurance has not received much attention. In this paper we examine distributional effects of labour earnings and … unemployment benefits using simulated increases in unemployment insurance replacement rates or equivalently, increases in the net … negative labour supply effects, drawing those employed into unemployment shifting the mass of the earnings distribution to the …
Persistent link: https://www.econbiz.de/10010265773
Although an inverse relationship between sickness absence and unemployment has been documented in a number of studies … whether this empirical regularity is due to changes in the individual costs of absence when unemployment increases (incentive … the unemployment benefit entitlement system with monthly absence data for East and West Germany for the years 1991 …
Persistent link: https://www.econbiz.de/10010268138
We examine the relationship between unemployment benefits and unemployment using Swedish regional data. To estimate the … effect of an increase in unemployment insurance (UI) on unemployment we exploit the ceiling on UI benefits. The benefit … find fairly robust evidence suggesting that the actual generosity of UI does matter for regional unemployment. Increases in …
Persistent link: https://www.econbiz.de/10010268739