Showing 1 - 10 of 2,572
wages after nine months of unemployment. Thus, the chance that long-term unemployed persons will receive a wage offer that …, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation …
Persistent link: https://www.econbiz.de/10011474648
provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore … the household's main income source consists of wage income or capital income and profits. …
Persistent link: https://www.econbiz.de/10011404156
I model and simulate the effects of employment tax cuts on unemployment and wages in four equilibrium models …: competitive, union bargaining, search and efficiency wages. I find that if the ratio of unemployment compensation to wages is …
Persistent link: https://www.econbiz.de/10014073843
provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore … the household's main income source consists of wage income or capital income and profits …
Persistent link: https://www.econbiz.de/10013320737
This paper studies the macroeconomic effects of an enhancement in unemployment benefits in Korea. In particular, I …: increasing wage replacement rates by 10%p and extending maximum benefit durations by one month. To this end, I build and … unemployment insurance (UI) system in Korea. The quantitative analysis conducted here shows that extending maximum benefit …
Persistent link: https://www.econbiz.de/10012908939
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
(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …
Persistent link: https://www.econbiz.de/10012137594
(market-level effect) to changes in the duration of unemployment insurance (UI) benefits. To implement this approach, we …
Persistent link: https://www.econbiz.de/10012139297
unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced … effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit … the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long …
Persistent link: https://www.econbiz.de/10011309228
We study unemployment insurance in a framework where the main source of heterogeneity among agents is the type of … aggregate wealth moments. Our central finding is that changes to the current unemployment insurance program are valued … differently by married and single households. In particular, a more generous unemployment insurance reduces the welfare of married …
Persistent link: https://www.econbiz.de/10012202383