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Unemployment insurance schemes face a well-known trade-off between providing income support to those out of work and reducing their incentive to look for work. This trade-off between benefits and incentives is central to the public debate about extending benefit periods during the recent...
Persistent link: https://www.econbiz.de/10011416465
This paper investigates the age-dependency of participation andunemployment by integrating job search with intertemporal optimizing behaviorof finitely-lived households. We find that search frictions and tax ratesdistort the decisions of older workers to a much larger extent than that ofyoung...
Persistent link: https://www.econbiz.de/10011333255
Empirical studies find that the age-variance profile of wages is U-shaped. The objective of this paper is to explore the driving forces of the U-shape in a model with search frictions. I introduce endogenous search effort and a fixed retirement age into Cahuc, Postel-Vinay, and Robin s (2006)...
Persistent link: https://www.econbiz.de/10010338396
In the US labor market the average black worker is exposed to a lower employment rate and earns a lower wage compared to his white counterpart. Lang and Lehmann (2012) argue that these mean differences mask substantial heterogeneity along the distribution of workers' skill. In particular, they...
Persistent link: https://www.econbiz.de/10010355697
The objective of this paper is to provide a comparative assessment of the consequences of worker displacement in France and the United States. I estimate wage losses of displaced workers in the two countries and examine the relative contribution of two important sources of post-displacement wage...
Persistent link: https://www.econbiz.de/10014075269
I propose a new search-and-matching model in which wage rigidity and volatile unemployment endogenously arise. The Diamond-Mortensen-Pissarides model is generalized by incorporating job-ladder and vacancy-chain effects arising from on-the-job search and replacement hiring into a long-lived jobs...
Persistent link: https://www.econbiz.de/10014083443
This paper studies how minimum wages affect the wage distribution if firms face financial constraints. Using German employer-employee data and firm balance sheets, we document that the within-firm wage dispersion decreases more with higher minimum wages when firms are financially constrained. We...
Persistent link: https://www.econbiz.de/10014365430
unemployment duration in Germany. Due to substantial differences with respect to labour market outcomes we follow a stratified …
Persistent link: https://www.econbiz.de/10009295489
: the IAB employment sample (IABS) for Germany, and a combination of social security data from the Austrian Social Insurance … dependence is found, at least for Germany. As to the risk of falling back into unemployment, the results suggest that even low … die Niedriglohnepisoden in Österreich kürzer als in Deutschland sind, was auf eine höhere Arbeitskräftefluktuation in …
Persistent link: https://www.econbiz.de/10010281838
This paper provides a comprehensive evaluation of benefit sanctions ,i.e. temporary reductions in unemployment benefits as punishment for noncompliance with eligibility requirements. In addition to the effects on unemployment durations, we evaluate the effects on post-unemployment employment...
Persistent link: https://www.econbiz.de/10003896152