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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
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010333564
paper then presents new suggestive evidence to quantify the employment impacts of various counter-cyclical policies … introduced during this time. We conduct a counter-factual and find that employment would have been between 4.2 percent and 4 … Credits increased the likelihood of employment by about 4.7 percent for disconnected youth but had no effect on disabled and …
Persistent link: https://www.econbiz.de/10011288771
We exploit a policy discontinuity at U.S. state borders to identify the effects of unemployment insurance policies on unemployment. Our estimates imply that most of the persistent increase in unemployment during the Great Recession can be accounted for by the unprecedented extensions of...
Persistent link: https://www.econbiz.de/10010202667
paper then presents new suggestive evidence to quantify the employment impacts of various counter-cyclical policies … introduced during this time. We conduct a counter-factual and find that employment would have been between 4.2 percent and 4 … Credits increased the likelihood of employment by about 4.7 percent for disconnected youth but had no effect on disabled and …
Persistent link: https://www.econbiz.de/10012999706
This paper estimates the impact of fiscal consolidation on unemployment and job market flows across EU countries using a recent database of consolidation episodes built on the basis of a "narrative" approach (Devries et al., 2011). Results show that the impact of fiscal consolidation on cyclical...
Persistent link: https://www.econbiz.de/10010331386
This paper shows that the effects of employment protection critically depend on its enforcement. For this purpose, we … capture evasion of employment protection via market exit in a setting of monopolistic competition. We find that the number of … firms entering the market depends on firing costs only in the case of imperfect enforcement of employment protection …
Persistent link: https://www.econbiz.de/10010264396
impact remains mixed. More recently, attention has turned to the impact of product market regulations on employment growth …. This paper analyzes how labor and product market regulations interact to affect turnover and employment. We present a …
Persistent link: https://www.econbiz.de/10010274496
Temporary employment contracts allowing unrestricted dismissals were introduced in Spain in 1984 and quickly came to … account for most new jobs. As a result, temporary employment increased from around 10% in the mid-eighties to more than 30% in … the early nineties. In 1997, however, the Spanish government attempted to reduce the incidence of temporary employment by …
Persistent link: https://www.econbiz.de/10010274498
, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10010274527