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unemployment insurance, job retention and employment protection, as they play an additional and potentially prominent role in …
Persistent link: https://www.econbiz.de/10014250070
tiers of social protection, in particular upstream systems such as unemployment insurance, job retention and employment …
Persistent link: https://www.econbiz.de/10014487454
that a decrease of say unemployment probability or an increase in unemployment insurance (UI) generosity affects saving not …
Persistent link: https://www.econbiz.de/10009789000
country model in which people move to maximize expected utility. Wages are set by unions, and unemployment emerges as an … from the employed to the unemployed. The analysis finds that, with monopoly unions, more redistribution tends to repel … model in which wage setting does not depend on unemployment benefits and taxes. These effects are dampened by the …
Persistent link: https://www.econbiz.de/10014062995
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10013325149
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Persistent link: https://www.econbiz.de/10015050288
Persistent link: https://www.econbiz.de/10008747619
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one’s job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011442282
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing oneś job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011405097