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and receive lower wages compared to their counterparts with extended benefit duration. -- Unemployment benefits …
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This paper studies labour market policy in a society where differently gifted individuals can invest in training to further increase their labour market productivity. Furthermore, the government seeks both efficiency and equity. Frictions in the matching process create unemployment and...
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We analyze the interaction among important institutional variables in the labor market (firing costs, minimum wages and …
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and receive lower wages compared to their counterparts with extended benefit duration. -- Unemployment benefits …
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