Showing 1 - 10 of 35
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …
Persistent link: https://www.econbiz.de/10005763692
This paper provides a model of "social hysteresis" whereby long, deep recessions demotivate workers and thereby lead them to change their work ethic. In switching from a pro-work to an anti-work identity, their incentives to seek and retain work fall and consequently their employment chances...
Persistent link: https://www.econbiz.de/10010884315
We evaluate three policy reforms targeted at older unemployed people: (i) an hourly wage subsidy, (ii) an in-work credit, and (iii) a subsidy of social security contributions on low wages. The work incentive, labour supply and welfare effects of these hypothetical reforms are analysed on the...
Persistent link: https://www.econbiz.de/10005822612
This paper provides a critique of the "unemployment invariance hypothesis," according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …
Persistent link: https://www.econbiz.de/10005822664
The mild response of the German labor market to the worst global recession in post-war history appears as an economic miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important factors that have contributed to this development...
Persistent link: https://www.econbiz.de/10009416929
Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success …
Persistent link: https://www.econbiz.de/10010735642
This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these variations. Matches and separations are described...
Persistent link: https://www.econbiz.de/10004961441
In die deutsche Zuwanderungsdiskussion ist Bewegung gekommen. Es mehren sich die Stimmen, die mit Blick auf den einsetzenden Mangel an Fachkräften in einzelnen Segmenten des Arbeits-marktes für Deutschland die Einführung eines Punktesystems zur Auswahl geeigneter Zuwanderer aus...
Persistent link: https://www.econbiz.de/10011195648
Die öffentliche Debatte um Zuwanderung und Integration wird auch heute, ein halbes Jahrhundert nach dem Beginn der neueren Immigrationsgeschichte der Bundesrepublik, noch oft unsachlich geführt. Über die durchweg positiven Erfahrungen mit den ökonomischen Zusammenhängen von Migration,...
Persistent link: https://www.econbiz.de/10009021631
Die anhaltenden Asyl- und Flüchtlingsströme und der Antritt der neuen Europäischen Kommission am 1. November 2014 bieten Anlass für eine Debatte über ein Umdenken in der deutschen und europäischen Zuwanderungspolitik. Eine Abkehr vom „Festungsdenken“ ist dringend geboten. Die bisherige...
Persistent link: https://www.econbiz.de/10010959519