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We evaluate three policy reforms targeted at older unemployed people: (i) an hourly wage subsidy, (ii) an in-work credit, and (iii) an employment bonus in the form of subsidized social security contributions on low wages. The work-incentive, labor-supply, and welfare effects of these policy...
Persistent link: https://www.econbiz.de/10005764454
unemployment in developing countries. According to the regression results, a large government sector is likely to increase … unemployment. A large share of government consumption in total consumption and a large share of transfers and subsidies in GDP most … large share of public investment in total investment affect unemployment, neither for bad nor for good. The results are …
Persistent link: https://www.econbiz.de/10011213226
Purpose – This paper aims to analyze how financial system turmoil affected unemployment in industrial countries during …, during the sample period, financial market turmoil had only moderate adverse effects on unemployment. Stress in the banking … sector and stress in foreign exchange markets were particularly likely to increase unemployment, although the relevant …
Persistent link: https://www.econbiz.de/10010814569
This paper studies the effect of banking system concentration on unemployment in developing countries. Using data on 42 … developing countries, it finds that more concentration increased unemployment over the period 1987–2007. The magnitude of the … concentration and unemployment. …
Persistent link: https://www.econbiz.de/10011191210
that a rise in the real interest rate increases the unemployment rate and decreases the employment rate. The magnitude of …
Persistent link: https://www.econbiz.de/10010580488
fractionalization is correlated with a higher unemployment rate. This is probably mainly because fractionalization reduces labor market …
Persistent link: https://www.econbiz.de/10010580529
Using data on 53 countries, this paper studies the unemployment effects of the far-reaching banking liberalization that … liberalization substantially decreased unemployment, particularly among young people. The lowering of barriers to the entry of … strongest effects. There is some, albeit weak, evidence that the cutback in interest rate controls has decreased unemployment as …
Persistent link: https://www.econbiz.de/10010943001
Most evaluation studies of active labour market policies (ALMP) focus on the micro-econometric evaluation approach using individual data. However, as the microeconometric approach usually ignores impacts on the non-participants, it should be seen as a first step to a complete evaluation which...
Persistent link: https://www.econbiz.de/10010693151
favorably affect both unemployment and employment rates. The size of these effects appears to be substantial, particularly in …
Persistent link: https://www.econbiz.de/10009421414
real interest rate increases the unemployment rate, raises the share of long-term unemployed, and reduces the employment …
Persistent link: https://www.econbiz.de/10010684594