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This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …
Persistent link: https://www.econbiz.de/10010261566
This paper studies the role of labor market institutions on unemployment and on the cyclical properties of job flows …. We construct an intertemporal general equilibrium model with search unemployment and endogenous job turnover, and examine … the consequences of introducing an unemployment benefit, a firing cost and a downward wage rigidity. The model is able to …
Persistent link: https://www.econbiz.de/10005703335
the role of labor market imperfections and institutions. We setup a two-country overlapping generations model with search … unemployment, which we calibrate on EU15 and US data. Labor market imperfections are found to significantly increase the volume of … to investigate how demographic asymmetries may have contributed to unemployment and welfare changes in the recent past …
Persistent link: https://www.econbiz.de/10010938989
(carrots) and restrictive (sticks) programs. We apply this to contrast regime and treatment effects on unemployment durations …, employment, and post-unemployment earnings using register data that contain PES and case-worker identifiers for about 130,000 job … seekers. The results show that "carrots" and "sticks" treatments prolong unemployment, but carrots increase earnings whereas …
Persistent link: https://www.econbiz.de/10011376303
selective extension of the potential duration of unemployment benefits. If social interactions are important, this policy change … affects entitled individuals not only directly, but also indirectly by altering the duration of unemployment in the reference …
Persistent link: https://www.econbiz.de/10011333880
Switzerland is a small country with rich cultural and geographic diversity. The Swiss unemployment rate is low, at only …, as well as a narrowing but persistent gender pay gap. Additionally, regional differences in unemployment are significant. …
Persistent link: https://www.econbiz.de/10011751068
) programs. We apply this to contrast regime and treatment effects on unemployment durations, employment, and postunemployment … intensive carrots and sticks regimes each reduce unemployment durations, but with carrots regimes this raises earnings whereas …
Persistent link: https://www.econbiz.de/10011796414
Social norms are usually neglected in economics, because they are to a large extent enforced through non-market interactions and difficult to isolate empirically. In this paper, we offer a direct measure of the social norm to work and we show that this norm has important economic effects. The...
Persistent link: https://www.econbiz.de/10011401423
Switzerland is a small country with rich cultural and geographic diversity. The Swiss unemployment rate is low, at … as a narrowing but persistent gender pay gap. Additionally, regional differences in unemployment are significant. …
Persistent link: https://www.econbiz.de/10012209845
Persistent link: https://www.econbiz.de/10011732460