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public social expenditures and a high unemployment rate are associated with a small positive (or no) immediate impact on …
Persistent link: https://www.econbiz.de/10011343934
. Using highly detailed German county level data, we test whether the social norm effect of unemployment is age-dependent. The … wellbeing differential between the unemployed and the employed is found to increase with the local unemployment rate at the … beginning of the working life but to remain steady or even to decrease in older age. Individual unemployment, however, remains …
Persistent link: https://www.econbiz.de/10011442044
. Using highly detailed German county level data, we test whether the social norm effect of unemployment is age-dependent. The … wellbeing differential between the unemployed and the employed is found to increase with the local unemployment rate at the … beginning of the working life but to remain steady or even to decrease in older age. Individual unemployment, however, remains …
Persistent link: https://www.econbiz.de/10011440877
Social norms are usually neglected in economics because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to live off one’s own income and we show that this norm has important...
Persistent link: https://www.econbiz.de/10005703429
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10005585651
We develop a model of contracting in which individual effort choices are subject to social pressure to conform to the average effort level of others in the same risk-sharing group. As in related models of social interactions, a change in exogenous variables or contract terms generates a social...
Persistent link: https://www.econbiz.de/10010280897
individual unemployment duration. The impact is assumed to be enhanced through social work norms shared by peers within the group … unemployment duration. …
Persistent link: https://www.econbiz.de/10010305489
We propose a random network model incorporating heterogeneity of agents and a continuous notion of homophily. Unlike the vast majority of the corresponding economic literature, we capture homophily in terms of similarity rather than equality by assuming that the probability of linkage between...
Persistent link: https://www.econbiz.de/10011348265
We address the presence, magnitude, and composition of wage gains related to former co-workers and discuss the mechanisms that could explain their existence. Using Hungarian linked employer-employee administrative data and proxying actual co-workership with overlapping work histories, we show...
Persistent link: https://www.econbiz.de/10014550286
This paper relates an individual's social capital and the length of unemployment spells of the very same individual … of unemployment. Our results show that an individual's social capital positively affects an agent's probability to take … up employment in the next time period. This implies social capital shortens the length of an unemployment spell …
Persistent link: https://www.econbiz.de/10011443144