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In the present paper we question the mainstream diagnosis of Germany's post-2000 stagnation as well as the prescribed remedies. We show that the "institutional sclerosis" view of Germany's stagnation is unfounded and that therefore the political measures proposed and actually taken are...
Persistent link: https://www.econbiz.de/10003744530
with subsequent unemployment. …
Persistent link: https://www.econbiz.de/10008825072
Using data from the German Socio-Economic Panel from 1984-2009, we follow persons from their working life into their retirement years and find that, on average, employed people maintain their life satisfaction upon retirement, while long-term unemployed people report a substantial increase in...
Persistent link: https://www.econbiz.de/10009357440
Persistent link: https://www.econbiz.de/10009376940
While a large body of evidence suggests that unemployment and self-reported happiness are negatively correlated, it is … not clear whether this reflects a causal effect of unemployment on happiness and whether subsidized employment can …
Persistent link: https://www.econbiz.de/10009154493
While rising unemployment generally reduces people's happiness, researchers argue that there is a compensating social …, however, rejects this thesis for German panel data and finds individual unemployment to be even more hurtful when aggregate … unemployment is higher. On the other hand, an extended model that separately considers individuals who feel stigmatised from living …
Persistent link: https://www.econbiz.de/10009161660
Persistent link: https://www.econbiz.de/10010512304
received a brochure that informed them about job search strategies and the consequences of unemployment, and motivated them to … individuals who exhibit an increased risk of long-term unemployment. For this group, the brochure increases employment and …
Persistent link: https://www.econbiz.de/10010518786
Unemployment insurance agencies may combat moral hazard by punishing refusals to apply to assigned vacancies. However … sanctions on the unemployment duration and the quality of job matches, in conjunction with the possibility to report sick. We … relative attractiveness of vacancy referrals increases over the time spent in unemployment. Overall, around 9% of sickness …
Persistent link: https://www.econbiz.de/10011418245
Many studies document a large negative effect of unemployment on happiness. Recent research has looked into factors …, for helping the unemployed back into work, and for more evenly distributing the burden of unemployment resulting from …
Persistent link: https://www.econbiz.de/10011421962