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unemployment rate to measure its success, however, is misplaced. In a developing country with a large informal sector and in the … absence of unemployment insurance, open unemployment is primarily a middle-class phenomenon: the unemployed are not …
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redistribution in response to rising unemployment was weaker in 2008‐13 than in the first half of the 1990s. As unemployment and … poverty risk have become increasingly become concentrated among workers with low education, middle‐income opinion has become … more permissive of cuts in unemployment insurance generosity and income assistance to the poor. At constant generosity, the …
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The paper examines the relative effectiveness of two policy proposals in reducing unemployment and working poverty …: unemployment vouchers and low-wage subsidies. The unemployment vouchers are targeted exclusively at the unemployed (especially the … workers are (i.e. the more their wages rise with employment duration), the more effective will unemployment vouchers be …
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