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The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force …
Persistent link: https://www.econbiz.de/10011449837
The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The … worker may prefer nonparticipation if the disutility of search is amplified by sickness. The decisions governing labor force …
Persistent link: https://www.econbiz.de/10002129286
In this paper, I propose a new Keynesian DSGE model with labor market search and matching frictions which replicates … States at business cycle frequency. That being so,it can also generate large procyclical fluctuations in the vacancy-unemployment … ratio. This results from two plausible explanations, namely heterogeneity in households preferences and unemployment …
Persistent link: https://www.econbiz.de/10013052216
unemployment, most research has focused on analyzing the effect of unemployment insurance (UI) policies on reemployment outcomes … benefit duration (PBD) within the German UI system, we find that longer PBD leads to longer actual unemployment duration for … for those individuals becoming re-employed. With increasing unemployment benefit duration, the founders’ outcomes in terms …
Persistent link: https://www.econbiz.de/10012241969
in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … unemployment, low geographical mobility and high unemployment insurance, and one American steadystate featuring low unemployment …, high mobility and low unemployment insurance. …
Persistent link: https://www.econbiz.de/10011539071
, generous unemployment insurance and active labor market programmes. It analyzes in which conditions flexicurity can be optimal …, with firms more likely to survive and thus not exposing much their workers to unemployment risk. Activation programmes … support the reallocation flow from unproductive to productive firms, helping to reduce unemployment. Low employment protection …
Persistent link: https://www.econbiz.de/10010500612
We study risk-based selection into a voluntary unemployment insurance (UI) scheme. To disentangle behavioral effects … find that individuals who sign up for UI are negatively selected in terms of subsequent unemployment. However, we find …
Persistent link: https://www.econbiz.de/10013274253
challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance … markets are missing. The main results are: (i) outsourcing raises unemployment and labor income risk of unskilled workers; (ii … welfare optimal redistribution and unemployment insurance policies …
Persistent link: https://www.econbiz.de/10013316451
-skilled workers. The stylized facts are that profits are concentrated among the high-skilled, involuntary unemployment is mostly among … the low-skilled, and private unemployment insurance is missing. This paper analyzes the effectiveness of redistribution … results are: (i) Social insurance props up wages, leading to more outsourcing and unskilled unemployment. (ii) Redistribution …
Persistent link: https://www.econbiz.de/10014222522
in geographical mobility, unemployment and labor market institutions. Rational agents vote over unemployment insurance … high unemployment, low geographical mobility and high unemployment insurance, and one "American" steadystate featuring low … unemployment, high mobility and low unemployment insurance. …
Persistent link: https://www.econbiz.de/10001731763