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Europe vs. America : Institutional Hysteresis in a Simple Normative Model

Di Tella, Rafael - 2006

We show how the differences in US and European institutions can arise in a normative model. The paper focuses on the labor market and the government's decision to set unemployment benefits in response to an unemployment shock. The government balances insurance considerations with the tax burden...

Persistent link: https://www.econbiz.de/10012733679

A New Regional Geography of Europe? The Labour Market Impact of the EU Enlargements

Caroleo, Floro Ernesto - 2007

This paper provides a critical overview and a detailed research agenda for scholars interested in regional studies with a special focus on old and new European Union member states. The focus is on the microeconomic foundations of structural change and its spatially asymmetric impact on labour...

Persistent link: https://www.econbiz.de/10012777459

Did the Hartz Reforms Speed-Up Job Creation? A Macro-Evaluation Using Empirical Matching Functions

Fahr, René - 2006

, in speeding up the matching process between unemployed and vacant jobs. The analysis is conceptually rooted in the flow …-based view underlying the reforms, estimating the structural features of the matching process. The results indicate that the … reforms indeed had an impact in making the labor market more dynamic and accelerating the matching process …

Persistent link: https://www.econbiz.de/10012778974

The costs of job displacement over the business cycle and its sources : evidence from Germany

Schmieder, Johannes; Wachter, Till von; Heining, Jörg - 2022

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/10013341837

When Institutions Interact : How the Effects of Unemployment Insurance are Shaped by Retirement Policies

Gudgeon, Matthew; Guzman, Pablo; Schmieder, Johannes; … - National Bureau of Economic Research - 2023

This paper shows empirically that the non-employment effects of unemployment insurance (UI) for older workers depend in a first-order way on the structure of retirement policies. Using German data, we first present reduced-form evidence of these interactions, documenting large bunching in UI...

Persistent link: https://www.econbiz.de/10014421233

They are Even Larger! More (on) Puzzling Labor Market Volatilities

Gartner, Hermann - 2009

This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...

Persistent link: https://www.econbiz.de/10013155589

They are even larger! : more (on) puzzling labor market volatilities

Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009

Persistent link: https://www.econbiz.de/10003896476

Labour market dynamics and worker heterogeneity during the Great Recession : evidence from Europe

Bachmann, Ronald; Bechara, Peggy; Kramer, Anica; … - 2014

Using harmonized micro data, this paper investigates the effects of the early phase (2008-10) of the recent economic crisis on transitions between labour market states in Europe. Our analysis focuses on individual heterogeneity, on the type of employment contract, and on crosscountry...

Persistent link: https://www.econbiz.de/10010399303

They are even larger! : More (on) puzzling labor market volatilities

Gartner, Hermann; Merkl, Christian; Rothe, Thomas - 2009

Persistent link: https://www.econbiz.de/10003825019

Labour market dynamics and worker heterogeneity during the Great Recession : evidence from Europe

Bachmann, Ronald; Bechara, Peggy; Kramer, Anica; … - 2015

Persistent link: https://www.econbiz.de/10011308511