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This paper calculates the quantitative significance of the welfare effects of wage compression in Sweden. This is done … compression lead to large welfare losses, since wage compression creates costly unemployment among low-skilled workers. This … welfare loss can be significantly reduced (but not eliminated) if firms and unions bargain over efficient labor contracts. In …
Persistent link: https://www.econbiz.de/10005645493
We study a model in which households are subject to uninsurable idiosyncratic employment shocks, firms set prices subject to nominal rigidities, and the labor market is characterized by matching frictions and by downward in flexible wages. We introduce heterogeneity in search efficiency that...
Persistent link: https://www.econbiz.de/10011185831
In this paper I examine the rates at which adults in households recently receiving Temporary Assistance to Needy Families (TANF) become jobless, apply for and receive unemployment insurance (UI) benefits, and participate in publicly funded employment services. I also investigate the correlation...
Persistent link: https://www.econbiz.de/10011418261
Recent efforts to expand unemployment insurance (UI) eligibility are expected to increase low-earning workers' access to UI. Although the expansion's aim is to smooth the income and consumption of previously ineligible workers, it is possible that UI benefits simply displace other sources of...
Persistent link: https://www.econbiz.de/10011418275
Generous income support programs as provided by European welfare states have often been blamed to reduce work …
Persistent link: https://www.econbiz.de/10010327584
Generous income support programs as provided by European welfare states have often been blamed to reduce work …
Persistent link: https://www.econbiz.de/10010310739
In this paper I examine the rates at which adults in households recently receiving Temporary Assistance to Needy Families (TANF) become jobless, apply for and receive unemployment insurance (UI) benefits, and participate in publicly funded employment services. I also investigate the correlation...
Persistent link: https://www.econbiz.de/10011338814
Recent efforts to expand unemployment insurance (UI) eligibility are expected to increase low-earning workers' access to UI. Although the expansion's aim is to smooth the income and consumption of previously ineligible workers, it is possible that UI benefits simply displace other sources of...
Persistent link: https://www.econbiz.de/10011341908
Generous income support programs as provided by European welfare states have often been blamed to reduce work …
Persistent link: https://www.econbiz.de/10010221556
Generous income support programs as provided by European welfare states have often been blamed to reduce work …
Persistent link: https://www.econbiz.de/10010956157