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This paper provides a survey of the recent literature about firing costs and discusses the transmission channels of firing costs in a partial equilibrium context. In addition, we expand our analysis two types of firing costs in a New Keynesian model with purely endogenous separations. We further...
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With the emergence of the Great Recession unemployment insurance (UI) is once again at the heart of the policy debate. In this paper, we review the recent theoretical and empirical evidence on the labor market effects of UI design. We also discuss policy issues related to UI design, including...
Persistent link: https://www.econbiz.de/10009656641
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seeking and keeping a job, (iv) incentives for human capital enhancement, and (v) improved labor market matching. Reviewing …
Persistent link: https://www.econbiz.de/10009629027
human capital enhancement, and improved labor market matching. We will discuss their direct and indirect effects determining …
Persistent link: https://www.econbiz.de/10009570481
This survey focuses on experimental labor markets investigating two aspects that deem us important for a better understanding of labor market relations and the consequences for labor market policies. The first part of the survey is dedicated to papers that assess the prevalence of reciprocal...
Persistent link: https://www.econbiz.de/10009683305
some insights from both theory and past evidence that may be informative about the effects of high minimum wages, and try …
Persistent link: https://www.econbiz.de/10011951531
This contribution describes the linkage of microsimulation models and computable general equilibrium (CGE) models using two already established models called “STSM” and “PACE-L” used by the Centre for European Economic Research. This state of the art research method for applied policy...
Persistent link: https://www.econbiz.de/10003888021