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The strong and sustained labour market upswing in Germany is widely recognized. In a developing literature, various relevant studies highlight different specific reasons. The underlying study, instead, simultaneously considers a broad set of factors in a unified methodological framework and...
Persistent link: https://www.econbiz.de/10012105105
unemployment rate - into a short-term and a long-term component. While short-term unemployment might not result in additional … workers on a large scale, long-term unemployment reduces household income more, increasing the need for additional income. On … are available, distinguishing between short-term and long-term unemployment reveals discouragement effects. …
Persistent link: https://www.econbiz.de/10011387803
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/10009752694
Using German data this study applies an unobserved-components approach to disentangle the unemployment rate into a … trend component of unemployment, which triggers permanent reactions of the workers, is likely connected to a structural … effect. By splitting up the participation effect of changes in the unemployment rate our analysis differs profoundly from …
Persistent link: https://www.econbiz.de/10009715284
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/10013080876
"Using German data this study applies an unobserved-components approach to disentangle the unemployment rate into a … trend component of unemployment, which triggers permanent reactions of the workers, is likely connected to a structural … effect. By splitting up the participation effect of changes in the unemployment rate our analysis differs profoundly from …
Persistent link: https://www.econbiz.de/10010691302
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/10011084645
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
unemployment rate - into a short-term and a long-term component. While short-term unemployment might not result in additional … workers on a large scale, long-term unemployment reduces household income more, increasing the need for additional income. On … are available, distinguishing between short-term and long-term unemployment reveals discouragement effects. …
Persistent link: https://www.econbiz.de/10011419538
The strong and sustained labour market upswing in Germany is widely recognized. In a developing literature, various relevant studies highlight different specific reasons. The underlying study, instead, simultaneously considers a broad set of factors in a unified methodological framework and...
Persistent link: https://www.econbiz.de/10012111688