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featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the … role of structural and cyclical policies for this performance. Calibrating unemployment benefits to approximate legislation … before and after the reforms, we find a large reduction in unemployment and its duration, with the transition concluding …
Persistent link: https://www.econbiz.de/10009490829
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
individuals and jobs, and a simple sorting mechanism that generates underemployment - educated workers performing unskilled jobs …. We find that the public-sector wage differential and excess underemployment account for 15 percent of the education bias …
Persistent link: https://www.econbiz.de/10012803194
mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …
Persistent link: https://www.econbiz.de/10013368682
States with socialist economic systems also suffer from employment problems, a fact which is frequently passed over in silence by the critics of our market economic order. Professor Gernot Gutmann analyses its magnitude and causes.
Persistent link: https://www.econbiz.de/10011554416
Persistent link: https://www.econbiz.de/10009316563
Persistent link: https://www.econbiz.de/10014382138
This study aims at estimating the stigma effect of unemployment and overeducation within one framework. To this end, we … from the employer side, we find evidence for a larger stigma effect of unemployment than overeducation. The stigma effect …
Persistent link: https://www.econbiz.de/10013050630
Persistent link: https://www.econbiz.de/10014318209
unemployment relative to wage employment, and that self-employment increases with this ratio. To understand the sources of these … matches, and calibrate it to match all transition rates between wage employment, unemployment and self-employment as well as … that labor market frictions affect self-employment as much as unemployment. Labor market frictions also reduce aggregate …
Persistent link: https://www.econbiz.de/10014310911