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affect individual decisions on absence and search and the implications for employment, unemployment and nonparticipation. The …The paper presents a model that allows a unified analysis of sickness absence and search unemployment. Sickness appears … movements across labor force states. The employed worker prefers absence for sufficiently severe sickness and the unemployed …
Persistent link: https://www.econbiz.de/10005766180
receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance … systems, recognizing the role of spousal employment as a partial substitute for public insurance. The optimal system involves …
Persistent link: https://www.econbiz.de/10008596606
By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …
Persistent link: https://www.econbiz.de/10005766044
-experimental situation from which a lot can be learned about the impact of unemployment insurance rules on the dynamics of employment … for elderly workers in Austria. The REBP extended entitlement to regular unemployment benefits from 30 weeks to a maximum …, unemployment, and wages. We find that the REBP led to a tremendous increase in unemployment, which was due to both an increase in …
Persistent link: https://www.econbiz.de/10005181435
offers a brief overview and discussion of research on the labor market impacts of minimum wages (MW), unemployment insurance … (UI), and employment protection legislation (EPL). It is argued that research on UI is largely a success story, involving … market behavior, in particular the duration of unemployment, although there remains substantial uncertainty about the …
Persistent link: https://www.econbiz.de/10010735188
The paper studies wage and employment determination in the Swedish business sector from the mid-1910s to the late 1930s … by a period of sharp deflation where nominal wages and prices fell by 30 percent and unemployment increased from 5 to 30 … percent. We examine whether relatively standard wage and employment equations can account for the volatile economic …
Persistent link: https://www.econbiz.de/10010545689
In June 1995, the Swedish parliament decided to cut the replacement rate in unemployment insurance from 80 percent to … among unemployed insured individuals. To identify the effect of the policy we exploit a quasi-experimental feature of the … benefit cut: only a fraction of the unemployed was affected by the reduction in replacement rates. We compare the evolution of …
Persistent link: https://www.econbiz.de/10005181583
unemployment to employment. We take advantage of the fact that the reforms had quasi-experimental features where the “treatments …In 2001 and 2002, Sweden introduced several unemployment insurance reforms. A major innovation in the first reform was … the introduction of a two-tiered benefit structure for some unemployed individuals. This system involved supplementary …
Persistent link: https://www.econbiz.de/10005094377
such as unemployment. Previous studies indicate that monetary policy affects the output gap only at business cycle … frequencies, but the effects on unemployment may well be more persistent in countries with highly regulated labor markets. We … study the Swedish experience of unemployment and monetary policy. Using a structural VAR we find that around 30 percent of …
Persistent link: https://www.econbiz.de/10005766226
The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as …
Persistent link: https://www.econbiz.de/10005405943