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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/10014420695
This paper uses the Austrian Social Security Register (ASSD) to explore what information firms infer from the three common types of displacement: individual layoffs, individuals displaced due to a closure and individuals displaced due to a mass layoff. I bring together two strands of the...
Persistent link: https://www.econbiz.de/10011310782
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010333564
paper then presents new suggestive evidence to quantify the employment impacts of various counter-cyclical policies … introduced during this time. We conduct a counter-factual and find that employment would have been between 4.2 percent and 4 … Credits increased the likelihood of employment by about 4.7 percent for disconnected youth but had no effect on disabled and …
Persistent link: https://www.econbiz.de/10011606562
employment, low youth and female unemployment, flexibility, and a low share of the "working poor", all of which can beneficially … self-employment, and an excess of labor cost growth over productivity growth, all of which can threaten further economic …
Persistent link: https://www.econbiz.de/10011497561
-displacement wage. Using rich and accurate data on workers' employment patterns before and after displacement, we compare the earnings … and employment outcomes of displaced workers who entered transfer companies with those that did not. Workers can choose … and IV estimates indicate that the use of a transfer company has a positive and significant effect on employment rates …
Persistent link: https://www.econbiz.de/10014339491
substantial losses in employment and wage, an increase in the commuting distance and a decrease in the probability of moving home …
Persistent link: https://www.econbiz.de/10011744606
's earnings, wage, and employment loss after a mass layoff in comparison to a matched, nondisplaced, control worker. We find that … migrants face substantially higher earnings losses than natives due to both higher wage and employment losses. Differences in … but not the employment gap after displacement. Laid-off migrants are both less likely to become reemployed and work fewer …
Persistent link: https://www.econbiz.de/10012518518
This paper examines how corporate governance reporting corresponds to actual conduct regarding severance payment caps for prematurely departing members of companies' executive boards in Germany. For this purpose, we first evaluate the declarations of conformity for all companies listed in the...
Persistent link: https://www.econbiz.de/10012061244
case of employer initiated job separations. According to the extensive literature on Employment Protection Legislation such …
Persistent link: https://www.econbiz.de/10010319407