Showing 201 - 210 of 262
Persistent link: https://www.econbiz.de/10012199969
In this paper, we investigate the causes and consequences of "unclaimed" unemployment insurance (UI) benefits. A search model is developed where the costs to collecting UI benefits include both a traditional "fixed" administrative cost and an endogenous cost arising from worker and firm...
Persistent link: https://www.econbiz.de/10012316202
This article discusses the role of the intertemporal substitution mechanism in consumption. After noting that this mechanism is central for several monetary models but, being too strong, it generally tends to reduce the ability of these models to reproduce the stylized monetary facts, it...
Persistent link: https://www.econbiz.de/10010991328
Persistent link: https://www.econbiz.de/10010857709
Les chiffres publiés par la Dares le 27 janvier 2014 confirment que 2013 ne s’est pas terminée avec l’inversion espérée de la courbe de chômage. Au contraire, les indicateurs étudiés ne s’améliorent pas. Le chômage est toujours en hausse et il affecte tous les groupes d’âge et...
Persistent link: https://www.econbiz.de/10011003695
While most of the literature on employment protection has focused on government-mandated severance pay, it has recently been documented that a substantial share of severance payments derives from private contracts or collective agreements. This paper studies the determination of these payments....
Persistent link: https://www.econbiz.de/10010959589
Les chiffres publiés le 24 septembre 2014 par la DARES semblent encourageants car ils présentent une baisse de 0.3% du taux de chômage des demandeurs d’emploi de catégorie A. Qu’en estil exactement ? Il ne s’agit en définitive que d’un changement d’un mois à un autre et si l’on...
Persistent link: https://www.econbiz.de/10011213426
In this paper, we discuss the observational equivalence between two monetary policy rules: a constant money growth rule and an interest rate rule. From the equilibrium conditions of a sticky prices model, we consider: (i) the Taylor rule parameter implied by the model with exogenous money...
Persistent link: https://www.econbiz.de/10005247131
A matching model with labor/leisure choice and bargaining frictions is used to explain (i) differences in GDP per hour and GDP per capita, (ii) differences in employment and hours worked (per capita and per worker), (iii) differences in the proportion of part-time work across countries. The...
Persistent link: https://www.econbiz.de/10005015313
This paper aims at analyzing the welfare effects of allowing different levels of flexibility in the choice of the numbers of hours worked (part-time, full-time, extra-time). To do so we consider a setting with bargaining frictions, partially indivisible labor, heterogeneous agents and firms, and...
Persistent link: https://www.econbiz.de/10005342996