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In this study, we examine how the market concentration in the insurance industry impacts employment and wages. We use … panel data, with fixed effects, to find that a higher market concentration is associated with lower employment in the … industry. Additionally, we find that market concentration is associated with a lower share of wages. However, we do not find …
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facts concerning the variability of unemployment and vacancies in the aggregate, the distribution of net employment growth … and the comovement of hours and employment growth at the establishment level. A search model with frictions in hiring and … response of hours and wages to shocks. We specify and estimate the parameters of the search model using simulated method of …
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Using Dutch administrative data, we assess the work and earnings capacity of disability insurance (DI) recipients by … estimating employment and earnings responses to benefit cuts. Reassessment of DI entitlement under more stringent criteria … removed 14.4 percent of recipients from the program and reduced benefits by 20 percent, on average. In response, employment …
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