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Product market imperfections and employment dynamics

Carlsson, Mikael; Eriksson, Stefan; Gottfries, Nils - 2011 - rev.

How important is imperfect competition in the product market for employment dynamics? To investigate this, we formulate a theoretical model of employment adjustment with imperfect competition in the product market, search frictions, and convex adjustment costs. From this model, we derive a...

Persistent link: https://www.econbiz.de/10010127990

From unemployment benefits to unemployment accounts

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under … the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the … balances in these accounts would then be available to them during periods of unemployment. The government would be able to …

Persistent link: https://www.econbiz.de/10011412084

Infrequent Bankruptcy, Asymmetric Information, and Excess Labor in the Russian Economy

Brown, J. David - 1999

Even experienced, profit-maximizing managers in Russia may conduct less restructuring than otherwise, since the economy appears to be in an equilibrium in which each firm releases unproductive workers but retains excess productive workers because other firms do. If firms release their excess...

Persistent link: https://www.econbiz.de/10014206647

Reducing severance costs or subsidizing permanent job creation : which policy is more effective to reduce duality?

Osuna, Victoria - 2015

This paper introduces endogenous on-the-job training in the job creation and destruction model of the search and matching type by García-Pérez and Osuna (Dual labour markets and the tenure distribution: Reducing severance pay or introducing a single contract, 2014). The objective is to compare...

Persistent link: https://www.econbiz.de/10011290858

Born under a bad sign : the impact of finishing school when labour markets are weak

Regan, Mark; Roantree, Barra - 2021

This paper provides evidence that finishing school when labour markets are weak leads to poor subsequent labour market prospects, particularly those leaving school at younger ages. Using administrative register data from Denmark, we find that these scarring effects are larger and more persistent...

Persistent link: https://www.econbiz.de/10012623701

An unfulfilled promise? : higher education quality and professional underemployment in Peru

Yamada, Gustavo; Lavado, Pablo; Martínez, Joan J. - 2015

Despite the high growth of the Peruvian economy during the last decade, college graduates are facing increasing difficulties to find occupations that match their higher educational background, skills and educational investments. This scenario is embodied in the "professional underemployment"...

Persistent link: https://www.econbiz.de/10011427813

Incapacity benefits and employment policy

Orszag, Jonathan Michael; Snower, Dennis J. - 2002

The paper explores the employment implications of allowing people the opportunity of using a portion of their incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this policy could increase employment, raise the incomes of...

Persistent link: https://www.econbiz.de/10011412088

Labor supply under participation and hours constraints : [an extended structural model for policy evaluations]

Müller, Kai-Uwe; Neumann, Michael; Wrohlich, Katharina - 2018

The paper extends a static discrete-choice labor supply model by adding participation and hours constraints. We identify restrictions by survey information on the eligibility and search activities of individuals as well as actual and desired hours. This provides for a more robust identification...

Persistent link: https://www.econbiz.de/10011910954

Labor supply under participation and hours constraints : an extended structural model for policy evaluations

Müller, Kai-Uwe; Neumann, Michael; Wrohlich, Katharina - 2018

Persistent link: https://www.econbiz.de/10011951577

The Role of Aggregate Preferences for Labor Supply : Evidence from Low-Paid Employment

Haywood, Luke - 2017

Labor supply in the market for low-paid jobs in Germany is strongly influenced by tax exemptions - even for individuals to whom these exemptions do not apply. We present compelling evidence that an individual's choice set depends on other workers' preferences because firms cater their job offers...

Persistent link: https://www.econbiz.de/10012960141

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