In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real … indication of adverse effects for (the three) other employment outcomes identified here. Moreover, with the possible exception of …

This paper deals with the effects of labour market institutions on unemployment in a panel of 19 OECD countries for the … effects of institutions on unemployment. Our main results are that on the average a tighter employment protection, a higher … tax burden on labour income and a more generous unemployment insurance system increase, whereas a higher centralization of …

Long-term public sector sponsored training programs often show little or negative short-run employment effects and … estimates the long-run differential employment effects of three different types of training programs in West Germany. We use … inflows into unemployment for the years 1986/87 and 1993/94 and apply local linear matching based on the estimated propensity …

Long-term public sector sponsored training programs often show little or negative short-run employment effects and … estimates the long-run differential employment effects of three different types of training programs in West Germany. We use … inflows into unemployment for the years 1986/87 and 1993/94 and apply local linear matching based on the estimated propensity …

Long-term public sector sponsored training programs often show little or negative short-run employment effects and … estimates the long-run differential employment effects of three different types of training programs in West Germany. We use … inflows into unemployment for the years 1986/87 and 1993/94 and apply local linear matching based on the estimated propensity …

of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … outcomes in addition to employment effects. We report strong evidence of adverse employment effects among adult females and … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …

unemployment. The traditional search model predicts that more risk-averse individuals have lower reservation wages and thus are … less likely to be observed in unemployment. Our findings, however, do not support this prediction: on the contrary our data … suggest that more risk-averse individuals are more likely to be unemployed. …

indicator for the labour intensity of output growth the employment threshold (the minimum growth rate of output necessary to …This paper deals with the effects of labour market institutions on labour market performance. We analyse as an … keep employment constant). We show for a sample of 17 OECD countries for the period 1971 to 2002 that the strictness of …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor market adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

While rising unemployment generally reduces people's happiness, researchers argue that there is a compensating social …-norm effect for the unemployed individual, who might suffer less when it is more common to be unemployed. This empirical study …, however, rejects this thesis for German panel data and finds individual unemployment to be even more hurtful when aggregate …