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Do firms in China share rents with their workers? We address this question by examining firm-level panel data covering virtually all manufacturing firms over the period 2000-2007, representing an average of 200,000 firms and 54 million workers per year. We find robust evidence of rent sharing...
Persistent link: https://www.econbiz.de/10011985742
, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reservation … wages to offered wages increase rapidly with duration of unemployment; on average, reservation wages begin to exceed offered …
Persistent link: https://www.econbiz.de/10011474648
extend their benefit duration by up to 90 days. The maximum number of days of this 'passive sickness benefit' was halved in … claiming unemployment insurance benefits. Then, we explore the effect of potential benefit duration on the transitions to … duration was cut by 45 days. However, we find that job finding hazard on the week after benefit exhaustion increased more for …
Persistent link: https://www.econbiz.de/10014454732
Government schemes that compensate workers for the loss of income while they are on short hours (known as short-time work compensation schemes) make it easier for employers to temporarily reduce hours worked so that labor is better matched to output requirements. Because the employers do not lay...
Persistent link: https://www.econbiz.de/10011413675
Young adults entering the labor force typically have little access to unemployment insurance or other formal insurance mechanisms. Instead, they rely on family insurance in the form of parental support to smooth consumption. We study the labor market response of Belgian young adults to decreases...
Persistent link: https://www.econbiz.de/10011317635
We study how unemployment benefit eligibility affects the layoff exit rate by exploiting quasi-experimental variation in eligibility rules in Italy. By using a difference-indifferences estimator, we find an instantaneous increase of about 12% in the layoff probability when unemployment benefit...
Persistent link: https://www.econbiz.de/10012161684
integrated within the existing unemployment support system, keeping all institutional rules regarding conditions, duration and …
Persistent link: https://www.econbiz.de/10011451872
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10014058461
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks …. Interestingly, this program is targeted to individuals aged 50 years or older, living in certain eligible regions in Austria. In the … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search …
Persistent link: https://www.econbiz.de/10003344610
This paper studies a program that extends the maximum duration of unemployment benefits from 30 weeks to 209 weeks …. Interestingly, this program is targeted to individuals aged 50 years or older, living in certain eligible regions in Austria. In the … regions to identify the effect of extended benefits on unemployment duration. Results indicate that the duration of job search …
Persistent link: https://www.econbiz.de/10012773812