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reform on wages and unemployment. The simulation results show that general equilibrium wage reactions tend to mitigate labour …
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reform on wages and unemployment. The simulation results show that general equilibrium wage reactions tend to mitigate labour …
Persistent link: https://www.econbiz.de/10013428601
We investigate the impact of workers' exposure to unemployment risk on CEO incentive compensation. Exploiting state …-level changes in unemployment benefits as a source of variation in workers' unemployment costs, we find that after unemployment … insurance benefits become more generous boards increase the convex payoff structure of CEO pay to encourage risk-taking. The …
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unemployment and active labor market programs (ALMPs), utilizing a reform that decreased dismissal costs for small firms only … unemployment and some ALMPs. Our results suggest that there was less screening of new hires after the reform, and that … liberalization of EPL mitigates the stigma associated with unemployment and participation in ALMPs. …
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COVID-19 has resulted not only in widespread illness and death, it has also upended most spheres of social life including the economic/financial one in that it has had large impacts on local economies, resulting in widespread job loss, job insecurity and loss of income. Employability, a...
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