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Persistent unemployment after recessions and the policies required to bring it down are the subject of an ongoing … unemployment, requiring the implementation of structural policy reforms. The alternative view is that the slow recovery of the … economy is due to cyclic reasons coming from lack of demand which prevents unemployment from falling quickly. Knowing whether …
Persistent link: https://www.econbiz.de/10011413609
This paper explores the effects of a major reform of unemployment benefits in Germany on the labor market outcomes of … unemployment benefits for older workers. This work analyzes the reform in a wider framework of institutional interactions, which … decrease in the number of days in unemployment benefits and increase in the number of days in employment. However, they also …
Persistent link: https://www.econbiz.de/10012928493
We propose a multi-country model with occupational choice, heterogeneous firms, unemployment, and revenue … tariffs in the range of 14 percent for the U.S. to 43 percent for China, and tend to increase unemployment and income …
Persistent link: https://www.econbiz.de/10013239625
We explore the effect of various factors on interstate differences in weekly unemployment insurance claims, focusing … (CARES) legislation, and the nature of state economies. We find that during the initial weeks of the pandemic, unemployment … experienced greater weekly unemployment claims. We find mixed evidence that unemployment benefits affect the number of …
Persistent link: https://www.econbiz.de/10013247481
Unemployment insurance experience rating imposes higher payroll tax rates on firms that have laid off more workers in … unemployment with heterogeneous firms and realistic UI financing. The model predicts that higher experience rating reduces both job ….4%. While the unemployment rate falls on average by .21 percentage points, the effect on tax revenues is ambiguous. The model …
Persistent link: https://www.econbiz.de/10013061201
The U.S. economy has experienced a significant drop in the fraction of the population employed in middle wage, "routine task-intensive" occupations. Applying machine learning techniques, we identify characteristics of those who used to be employed in such occupations and show they are now less...
Persistent link: https://www.econbiz.de/10012165673
This paper explores the effects of a major reform of unemployment benefits in Germany on the labor market outcomes of … unemployment benefits for older workers. This work analyzes the reform in a wider framework of institutional interactions, which … decrease in the number of days in unemployment benefits and increase in the number of days in employment. However, they also …
Persistent link: https://www.econbiz.de/10011796069
Persistent link: https://www.econbiz.de/10011777989
income support system centered on unemployment insurance and complemented with additional mechanisms to provide effective …
Persistent link: https://www.econbiz.de/10014146274
We document the sources behind the costs of job loss over the business cycle using administrative data from Germany. Losses in annual earnings after displacement are large, persistent, and highly cyclical, nearly doubling in size during downturns. A large part of the long-term earnings losses...
Persistent link: https://www.econbiz.de/10013334381