Showing 1 - 10 of 10
A dynamic discrete choice model is set up to estimate the effects of grade retention in high school, both in the short- (end-of-year evaluation) and long-run (drop-out and delay). In contrast to regression discontinuity designs, this approach captures treatment heterogeneity and controls for...
Persistent link: https://www.econbiz.de/10011431214
machines will. Such results change drastically when we consider a model with unemployment and finance dictates real outcomes … much more than before. Introducing finance affects trade patterns with unemployment and especially with imperfect credit … their impact on production, trade and unemployment. The paper has policy implications for role of financial development …
Persistent link: https://www.econbiz.de/10013266637
-Stiglitz-Krugman model. Later we reflect on wage inequality and unemployment providing some interesting results. …
Persistent link: https://www.econbiz.de/10012657962
income distribution. With a minimum wage and unemployment availability of credit affects number of varieties. With imperfect … both with unemployment and imperfect credit market , a result in stark contrast with the conventional model with …
Persistent link: https://www.econbiz.de/10013353416
independent of the standard income effect. The paper shows that measured unemployment always may have a voluntary component. In … unemployment will always have a voluntary component. Accumulated wealth in a family tends to increase the opportunity cost of job … search, more so in a world where job status is socially important. Thus prosperity and unemployment may go hand in hand …
Persistent link: https://www.econbiz.de/10013427731
The path breaking work of Card and Krueger (1993), showing higher minimum wage can increase employment turned the age-old conventional wisdom on its head. This paper demonstrates that this apparently paradoxical result is perfectly plausible in a competitive general equilibrium production...
Persistent link: https://www.econbiz.de/10012841731
considerably improve effectiveness: up to 20% more (less) time spent in (un)employment within a 30 months window. A shallow policy …
Persistent link: https://www.econbiz.de/10012833725
Providing income support to unemployed education-leavers reduces the returns to investments in education because it … conditioning the prospective entitlement to unemployment benefits for education-leavers on age or schooling attainment can affect … makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether …
Persistent link: https://www.econbiz.de/10014080047
also how skill formation or education affects unemployment among the remaining uneducated. We have developed a general …In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to … equilibrium model of a small open developing economy incorporating skill formation, unemployment of unskilled labour in the formal …
Persistent link: https://www.econbiz.de/10013213779
increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …
Persistent link: https://www.econbiz.de/10014244086