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This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...
Persistent link: https://www.econbiz.de/10005755178
, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reserva …­tion wages to offered wages increase rapidly with duration of unemploy­ment; on average, reservation wages begin to exceed …
Persistent link: https://www.econbiz.de/10005755168
Based on a Cox Proportional Hazard analysis of German unemployment spells, structural change of the production process … is identified as a major explanation for long-term unemployment. Other important covariates capture labor market … economy, or spend a longer time in unemployment searching for the few remaining jobs for which they possess adequate skills. …
Persistent link: https://www.econbiz.de/10005818886
keine Arbeitslosenversicherung im herkömmlichen Sinne: Die Einkommenssicherung bei Arbeitslosigkeit erfolgt durch die … großen Teil an der Nachfrage nach Arbeit ansetzt. <p>Comparing the unemployment insurance systems of the United States and of … the United Kingdom it is shown that the US unemployment insurance (UI) is the only system that provides for a negative …
Persistent link: https://www.econbiz.de/10005700634
wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy's Household Survey and …
Persistent link: https://www.econbiz.de/10010961610
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …
Persistent link: https://www.econbiz.de/10010955891
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922
This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...
Persistent link: https://www.econbiz.de/10011262996
characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …
Persistent link: https://www.econbiz.de/10005755186
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …
Persistent link: https://www.econbiz.de/10005755198