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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
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 provide evidence on the evolution of worker reallocation in Italy and Spain during the pandemic. In both countries, job-to-job transition rates fell in 2020 but improved in 2021 in aggregate. We then focus on cross-sectoral mobility following job separation. In Italy, we find a modest...
Persistent link: https://www.econbiz.de/10015055084
change in the unemployment rate. Many estimated effects are larger for males than females. Notably, strong evidence of …
Persistent link: https://www.econbiz.de/10011528842
Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before … recipients exhausted their benefits; in 2007 (with a similar unemployment rate) 35.6 percent exhausted. This paper documents the … increase in the exhaustion rate, along with the parallel rise in long-term unemployment; examines the consequences; and reviews …
Persistent link: https://www.econbiz.de/10009379440
We empirically investigate how two-tier unemployment compensation schemes affect the profile of re-employment hazards …-employment hazard. Our results indicate that two-tier unemployment compensation schemes might create a long-term unemployment trap: If … employers rank applicants by their duration in unemployment, incentivizing all job seekers to exert higher search efforts may …
Persistent link: https://www.econbiz.de/10011557930
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … search guidelines - affect unemployment. In our analysis we find that not only micro effects concerning the behavior of … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate …
Persistent link: https://www.econbiz.de/10013321326
This comprehensive study on UB-II-sanctions in Germany, applying PSM, presents the ex-post effects of welfare sanctions on several employment states for diverse (sub-)groups of employable welfare recipients. Besides unemployed, we also regard employed, and indirectly affected household members....
Persistent link: https://www.econbiz.de/10011977249
This study provides the first comprehensive analysis of sanction effects on post-welfare employment quality in Europe using the outcome variables daily wage, yearly income, and covering job stability with the durations of three employment states: employed, unemployed, and supplementary benefit...
Persistent link: https://www.econbiz.de/10011977328
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/10014433060