Persistent unemployment across OECD countries has led to increasing investments in activation programmes and, as a …

Persistent unemployment across OECD countries has led to increasing investments in activation programmes and, as a …

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …

We empirically investigate how two-tier unemployment compensation schemes affect the profile of re-employment hazards …. We exploit the aggravation of an existing two-tier scheme in Germany in 2005 and estimate its impact on re …-employment hazard. Our results indicate that two-tier unemployment compensation schemes might create a long-term unemployment trap: If …