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This paper discusses the case for expanding active labor market policy in recession. We find that there is reasonable case for relying more heavily on certain kinds of programs. The argument is tied to the varying size of the lock-in effect in boom and recession. If programs with relatively...
Persistent link: https://www.econbiz.de/10008838419
unemployment to employment using detailed Danish event history data obtained from administrative registers. We find large positive …
Persistent link: https://www.econbiz.de/10010945065
estimate the effects of the program. The results suggest that the program increased transitions from unemployment to work …
Persistent link: https://www.econbiz.de/10005423995
To examine the macro economic effects of government tax and punishment policies, this paper develops a three-sector general quilibrium model featuring matching frictions, heterogenous abilities and an informal sector with tax evasion. The choice of education is determined endogenously. Job...
Persistent link: https://www.econbiz.de/10005207263
This paper is concerned with social interactions and their importance for unemployment. A theoretical model is … specified in which the psychological costs of unemployment depend upon the unemployment level. The analysis reveals social … multiplier effects, and shows that multiple unemployment equilibria may emerge. Data on all 20- to 24-year-olds living in …
Persistent link: https://www.econbiz.de/10005207266
This study evaluates the long-term cost of unemployment in Finland by focusing on the deep recession period of the … early 1990s. The number of plant closures increased sharply during the recession and the unemployment rate rose by more than … 13 percentage points. In the analysis, prime working-age men who face unemployment due to plant closure are matched to …
Persistent link: https://www.econbiz.de/10005190983
Unemployment insurance systems include monitoring of unemployed workers and punitive sanctions if job search …
Persistent link: https://www.econbiz.de/10005082496
unemployment among job-seekers. Using exact matching on labour market history and personal characteristics we find positive effects … effect of the length is found on unemployment, employment or wages. Overall, the results suggest that receiving a fixed term … contract reduces the risk of future unemployment, and that a longer contract increases the position within the workplace but …
Persistent link: https://www.econbiz.de/10005651825
This paper considers the optimal hiring strategy of a firm that is unable to observe the productive abilities of all its applicants. Whom the firm considers as hireable, will depend crucially on the extent to which the firm can use its wage setting to mirror productivity differences. However,...
Persistent link: https://www.econbiz.de/10005651826
Individual labour market transitions from unemployment into temporary work are often succeeded by a transition from … unemployment to temporary jobs and unobserved determinants of the transition rates. The data contain multiple spells in labour … unemployment and they substantially increase the fraction of unemployed workers who have regular work within a few years after …
Persistent link: https://www.econbiz.de/10005651830