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This paper analyzes the effect of labor and product market regulation in a dynamic stochastic equilibrium with search frictions. Modeling multiple-worker firms allows us to distinguish between the exit-and-entry (extensive) margin, and the hiring-and-firing (intensive) margin. We characterize...
Persistent link: https://www.econbiz.de/10010267510
A quantitative model of two-sided search with ex-ante heterogeneity in both worker and entrepreneurial skills is proposed. It is possible to characterize both the competitive equilibrium and the optimal solution numerically. The competitive equilibrium is shown to be suboptimal. Less-skilled...
Persistent link: https://www.econbiz.de/10010267549
claims can be directly attributed to job displacement and other adverse shocks to employment opportunities. For men, we …
Persistent link: https://www.econbiz.de/10010269902
From 2002-2004, the German government passed several laws that curtailed the generosity of the unemployment compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for older unemployed, which was effective during 2006 and...
Persistent link: https://www.econbiz.de/10010271196
This paper studies the earnings and employment consequences of involuntary job loss in Sweden during the crisis years … that experienced the largest number of job losses. While public service employment traditionally has been perceived as … from downsizing but most went on unaffected at least considering earnings and employment. From a policy perspective this …
Persistent link: https://www.econbiz.de/10010273911
on firms' employment behaviour. Seniority rules exist in several countries and, like Sweden, most European countries have … a more lenient employment protection for firms below a certain size. Despite the fact that small firms represent a large … share of all firms and stand for a substantial share of total employment, there is limited knowledge of how such exemption …
Persistent link: https://www.econbiz.de/10010273914
Insurance Compensation (UIC) on both unemployment and employment durations. This results in the first available assessment of …? knowledge of the UIC eligibility rules. Being entitled to UIC shortens workers? employment durations. This negative effect on …
Persistent link: https://www.econbiz.de/10010274314
impact remains mixed. More recently, attention has turned to the impact of product market regulations on employment growth …. This paper analyzes how labor and product market regulations interact to affect turnover and employment. We present a …
Persistent link: https://www.econbiz.de/10010274496
Temporary employment contracts allowing unrestricted dismissals were introduced in Spain in 1984 and quickly came to … account for most new jobs. As a result, temporary employment increased from around 10% in the mid-eighties to more than 30% in … the early nineties. In 1997, however, the Spanish government attempted to reduce the incidence of temporary employment by …
Persistent link: https://www.econbiz.de/10010274498
, especially in sectors with higher employment volatility. Moreover, we find that the reform reduced firms' employment adjustments …
Persistent link: https://www.econbiz.de/10010274527