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containment measures during an epidemic. We incorporate a standard epidemiological model into an equilibrium search model of the … labor market to compare unemployment insurance (UI) expansions and payroll subsidies. In isolation, payroll subsidies that …
Persistent link: https://www.econbiz.de/10012388756
We study the distributional consequences of the COVID-19 pandemic’s impacts on employment. Using CPS data on stocks and flows, we show that the pandemic has exacerbated pre-existing inequalities. Although employment losses have been widespread, they have been substantially larger in...
Persistent link: https://www.econbiz.de/10014095746
We analyse measures of internal flexibility taken to safeguard employment during the Coronavirus Crisis in comparison …
Persistent link: https://www.econbiz.de/10012512274
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
We use linked longitudinal data on employers and employees to estimate how the 2003-2005 Hartz reforms affected the wages of displaced German workers after they returned to work. We also present a simple new method to decompose the wage effects into components attributable to selection on...
Persistent link: https://www.econbiz.de/10012228177
Unemployment benefits often reduce incentives to search for a job. Policymakers have responded to this behaviour by … setting minimum job search requirements, by monitoring to check that unemployment benefit recipients are engaged in the … search monitoring and benefit sanctions reduce unemployment duration and increase job entry in the short term. There is some …
Persistent link: https://www.econbiz.de/10011417039
hypotheses concerning the slow employment growth and rise in unemployment since 1990 are evaluated. The analysis indicates that a … large part of the recent rise in the unemployment rate may reflect an increase in the structural rather than the cyclical … component of unemployment. Various sources of labor market rigidities that may have contributed to the increase in structural …
Persistent link: https://www.econbiz.de/10012781632
This paper provides robust estimates of the impact of both product and labor market regulations on unemployment using … set of covariates, results show that product market deregulation overall reduces the unemployment rate. This finding is … effect: deregulation of state controls and in particular involvement in business operations tend to push up the unemployment …
Persistent link: https://www.econbiz.de/10012144890
market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …
Persistent link: https://www.econbiz.de/10012778974
This paper examines the impact of the fourth partial revision of the law of unemployment insurance (AVIG) on … unemployment dynamics in Switzerland at a cantonal level. The authors apply the Synthetic Control Method (SCM), a matching method … unemployment rate at a cantonal level: the reform had a discernible impact on lowering the unemployment rate in the Italian- and …
Persistent link: https://www.econbiz.de/10012257380