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wages tend to increase (i) unemployment, (ii) functional income inequality, and (iii) personal income inequality. We further …
Persistent link: https://www.econbiz.de/10011509121
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …
Persistent link: https://www.econbiz.de/10011951559
A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in longterm unemployment benefits using a heterogeneous-agent labor …
Persistent link: https://www.econbiz.de/10011936315
compressing wages tend to increase (i) unemployment, (ii) functional income inequality, and (iii) personal income inequality. We …
Persistent link: https://www.econbiz.de/10012987633
market regularities and (ii) macroeconomic dynamics (long-term rates of growth, GDP fluctuations, unemployment rates …
Persistent link: https://www.econbiz.de/10012997942
In this paper we propose a novel sectoral taxonomy integrating three different attributes of sectors, namely i) the strategic dimension reflected into their belonging to different classes of the Pavitt taxonomy, ii) the capacity to create jobs both internally and externally with respect to their...
Persistent link: https://www.econbiz.de/10013363016
This paper develops a tractable human capital model with limited enforceability of contracts. The model economy is populated by a large number of long-lived, risk-averse households with homothetic preferences who can invest in risk-free physical capital and risky human capital. Households have...
Persistent link: https://www.econbiz.de/10011497531
This paper develops a tractable human capital model with limited enforceability of contracts. The model economy is populated by a large number of long-lived, risk-averse households with homothetic preferences who can invest in risk-free physical capital and risky human capital. Households have...
Persistent link: https://www.econbiz.de/10011500171
This paper develops a tractable human capital model with limited enforceability of contracts. The model economy is populated by a large number of long-lived, risk-averse households with homothetic preferences who can invest in risk-free physical capital and risky human capital. Households have...
Persistent link: https://www.econbiz.de/10011476545
search, and at providing training to unemployed people. Next, we compare the effects of these policies with unemployment … benefits simply meant to sustain income and therefore aggregate demand. Considering the burden of unemployment benefits in … ALMPs in reducing unemployment and workers' skills deterioration; and (iv) demand-management policies are better suited to …
Persistent link: https://www.econbiz.de/10012130265