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Testing the effectiveness of the French work-sharing reform : a forecasting approach

Logeay, Camille; Schreiber, Sven - 2005 - This revision: July 2004

The authors analyse the macroeconomic impact of the French work-sharing reform of 2000 (a reduction of standard working hours in combination with wage subsidies). Using a vector error correction model (VECM) for several labour market variables as well as inflation and output the authors produce...

Persistent link: https://www.econbiz.de/10003744522

Effekte einer Arbeitszeitverkürzung : empirische Evidenz für Frankreich

Logeay, Camille; Schreiber, Sven - 2003

In diesem Papier wird an Hand eines Vektorfehlerkorrekturmodells (VECM) für den französischen Arbeitsmarkt untersucht, wie sich die dort Anfang 2000 eingeführte Verkürzung der Regelarbeitszeit in Verbindung mit Subventionen der Sozialversicherungsbeiträge ausgewirkt hat. Theoretisch sind...

Persistent link: https://www.econbiz.de/10011438856

The NAIRU and the extent of the low-pay sector

Garz, Marcel - 2010

The creation of jobs in the low-pay sector is considered to be an approach to reduce unemployment, especially with … evaluate the effects of an increasing low-wage sector on unemployment, the concept of the non-accelerating inflation rate of … unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting …

Persistent link: https://www.econbiz.de/10009306634

The Asymmetric Impact of Oil Prices, Interest Rates and Oil Price Uncertainty on Unemployment in US

Kocaarslan, Barış - 2019

, interest rates and unemployment in a cointegration framework. Utilizing the nonlinear auto-regressive distributed lag (NARDL …) approach, we show the asymmetric responses of unemployment to changes in oil prices, oil price uncertainty and interest rates … increased unemployment while there is no significant impact of reduced oil prices. On the other hand, reduced oil price …

Persistent link: https://www.econbiz.de/10012860192

Counteracting Unemployment in Crises : Non-Linear Effects of Short-Time Work Policy

Gehrke, Britta - 2018

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...

Persistent link: https://www.econbiz.de/10012920449

Counteracting unemployment in crises : non-linear effects of short-time work policy

Gehrke, Britta; Hochmuth, Brigitte - 2017

Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...

Persistent link: https://www.econbiz.de/10011718992