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-term unemployment rates, leading to the need to reform labour market institutions and make them more flexible. Flexible labour markets … employment and unemployment) but also to reduce the negative impacts on labour market of structural shocks. If we focus on the …, the countries with the best results in terms of unemployment and employment would have been those that had a more flexible …
Persistent link: https://www.econbiz.de/10011927085
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …
Persistent link: https://www.econbiz.de/10010261566
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …
Persistent link: https://www.econbiz.de/10011403997
; flexible work arrangement laws ; European unemployment …
Persistent link: https://www.econbiz.de/10009306940
The effect of employment protection legislation (EPL) on unemployment and employment levels is still an unresolved … that EPL has no statistically significant effect on the unemployment level. Based on 42 studies, I find that EPL decreases …
Persistent link: https://www.econbiz.de/10011573292
occupation when unemployment is high, if ex ante anticipation of draconic dismissal protection by employers causes low occupation … underlying the model shows that relaxing dismissal protection can make contribution to decrease unemployment under certain …
Persistent link: https://www.econbiz.de/10010296324
-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real …In this study we examine the contribution of severance pay to employment and unemployment development using data on … collective bargaining coordination, the role of institutions is also more muted than suggested in the literature. …
Persistent link: https://www.econbiz.de/10010261645
unemployment and decrease old age unemployment. However, once we take the wage response into account, we find that firing costs … increase both youth and old age unemployment. This happens because unions react strategically, and respond to higher firing … increase their employment prospects. However, despite this cut youth unemployment still increases with firing costs. In the …
Persistent link: https://www.econbiz.de/10010261905
mainly on dismissals protection, distinguishing between the themes of employment and unemployment development and labor … market dynamics proper. Our discussion of employment and unemployment largely deals with the effect of employment protection …
Persistent link: https://www.econbiz.de/10010262586
Important explanation factors for the development of the rate of unemployment are labour market institutions. This … by three aspects: 1) We do not use the actual rate of unemployment or averages about several years, but her trend … component. 2) We use a long estimation period from 1960 to 2000 what guarantees enough variation of the institutions within the …
Persistent link: https://www.econbiz.de/10009514178