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This paper examines the performance of the German economy and the role of the regulation and welfare state policies in affecting its performance. While the German economy is still strong, incentives in place are likely to impair future German competitiveness and productivity
Persistent link: https://www.econbiz.de/10013216096
This paper shows that different labor market policies can lead to differences in technology across sectors in a model of labor saving technologies. Labor market regulations reduce the skill premium and as a result, if technologies are labor saving, countries with more stringent labor regulation,...
Persistent link: https://www.econbiz.de/10013030615
Throughout the postwar era until 1995 labor productivity grew faster in Europe than in the United States. Since 1995, productivity growth in the EU-15 has slowed while that in the United States has accelerated. But Europe's productivity growth slowdown was largely offset by faster growth in...
Persistent link: https://www.econbiz.de/10012772452
Many countries have policies aimed at creating jobs in depressed areas with high unemployment rates. In standard … develop a stylized model of frictional local labor markets with the goal of studying the efficiency of unemployment … housing costs, and lower unemployment rates. Although workers can move freely to arbitrage away differences in expected …
Persistent link: https://www.econbiz.de/10013087442
Blacks in the United States are poorer than whites and have much lower employment rates. "Place-based" policies seek to improve the labor markets in which blacks - especially low-income urban blacks - tend to reside. We first review the literature on spatial mismatch, which provides much of the...
Persistent link: https://www.econbiz.de/10013068132
Colombia's unemployment rate rose to 20% during the late 1990s from less than 8% in 1994. This paper argues that this …
Persistent link: https://www.econbiz.de/10013308513
, leading in turn to higher, not lower, unemployment. And, even if unemployment comes down, workers may actually be worse off …, going through many spells of unemployment and fixed duration jobs, before obtaining a regular job. Looking at French data … substantial reduction in unemployment duration. If anything, their effect on welfare of young workers appears to have been …
Persistent link: https://www.econbiz.de/10013310807
Economists have examined the impact of labor market regulations on the level of employment. However, there are many reasons to suspect that the impact of regulations differs across types of workers. In this paper we take advantage of the unusual large variance in labor policy in Chile to exa...
Persistent link: https://www.econbiz.de/10013225556
taxes. Our interest is to understand to what extent these reforms helped reduce Chile's rate of unemployment from European … decentralization of bargaining increased labor market flexibility and contributed to the reduction of unemployment. Our analysis … suggests that the reform on job security had no significant effect on the aggregate rate of unemployment …
Persistent link: https://www.econbiz.de/10013226914
Using data from a social experiment, we estimate the impact of training on the duration of employment and unemployment … unemployment spells lead to biased estimates of the effects of training. We present and implement several econometric approaches … unemployment spells …
Persistent link: https://www.econbiz.de/10013240963