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unemployment rates without sacrificing the health or financial well-being of their populations. Japan’s unemployment rate is less …
Persistent link: https://www.econbiz.de/10009645162
This paper studies the impact of employment subsidies in a simple macroeconomic model with imperfect competition and … wage rigidity, subsidies can make an economy reach the Walrasian equilibrium. Moreover, theintroduction of employment … subsidies can reduce unemployment without harming net real incomes, government budget or inflation. …
Persistent link: https://www.econbiz.de/10005474732
, including labor market segmentation. This particularly concerns reforms in: (1) employment protection, i.e. dismissal protection … and restrictions on fixed‐term contracts; (2) unemployment benefit generosity and coverage; and (3) the intensity of … unemployment benefits and access to ALMPs. In particular, we will provide some evidence on potential changes in hirings on …
Persistent link: https://www.econbiz.de/10011455858
sorted across firms and worker-firm matches upon re-employment. We find that the Hartz reforms substantially reduced the … 80 percent of the increased wage loss was because displaced workers found re-employment in lower-wage firms after the … reforms. A disproportionate share of these low-wage firms offer temporary employment services to other firms, and we document …
Persistent link: https://www.econbiz.de/10012228177
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …
Persistent link: https://www.econbiz.de/10011951559
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in longterm unemployment benefits using a heterogeneous-agent labor …
Persistent link: https://www.econbiz.de/10011936315
Persistent link: https://www.econbiz.de/10011623138
of liquidity provision on unemployment outcomes. Based on a RD Design, I find that granting unemployed workers with a … bonus equal to half of their previous monthly earnings decreases the probability of exiting unemployment within 8 weeks by … unemployment benefits decreases the same outcome by 1.9%. Then, theoretical results from Landais (2014) are used to combine these …
Persistent link: https://www.econbiz.de/10011705582
Persistent link: https://www.econbiz.de/10012434806
a clear increase in the transition rate from self-employment to unemployment and an unequal benefits … larger earnings fluctuations than employees and that they frequently transition into unemployment. Given that the self …-employed are not eligible to unemployment insurance, I analyze the provision of benefits targeted at these risks using a calibrated …
Persistent link: https://www.econbiz.de/10014464421