Showing 1 - 5 of 5
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/10005068857
New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate co … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …
Persistent link: https://www.econbiz.de/10005068985
We develop a structural multi-factor labour demand model which distinguishes between eight labour categories including non-standard types of employment such as marginal employment. The model is estimated for both the number of workers and total working hours using a new panel data set. For...
Persistent link: https://www.econbiz.de/10005068909
In this paper institutions are understood as rules of individual behavior. The focus is on the impacts of institutions … West Germany. In the background of this analysis, the influence of institutions on the allocation of resources is examined …
Persistent link: https://www.econbiz.de/10005068876
This paper contributes to the policy-relevant question whether self-employment is a way out of (long-term) unemployment …. We estimate the relationship between the entry rate into self-employment and previous (long-term) unemployment on the … measurement errors induced by the pseudo panel structure. We find that previous (long-term) unemployment significantly increases …
Persistent link: https://www.econbiz.de/10005069100