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unemployment. Four main results are derived: (i) the optimal size of the welfare state depends on the degree of risk-aversion and … the unemployment rate as a measure of labor income risk. The unemployment rate partly reflects the country's exposure to … globalization; (ii) corporate taxation and social insurance have equivalent effects on unemployment and outbound FDI; (iii) while an …
Persistent link: https://www.econbiz.de/10010264567
the capital intensive export sectors. The overreactions cause unemployment, sluggish growth, a current account surplus and …
Persistent link: https://www.econbiz.de/10010276599
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/10012892207
Recent research documents mounting evidence for sizable and persistent biases in individual labor market expectations. This paper incorporates subjective expectations into a general equilibrium labor market model and studies the implications of biased expectations for wage bargaining, vacancy...
Persistent link: https://www.econbiz.de/10014358405
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
Hiring subsidies are widely used to create (stable) employment for the long-term unemployed. This paper exploits the abolition of a hiring subsidy targeted at long-term unemployed jobseekers over 45 years of age in Belgium to evaluate its effectiveness in the short and medium run. Based on a...
Persistent link: https://www.econbiz.de/10013211014
The Great Recession brought large increases in unemployment and college enrollment; we explore how changing labor … market conditions affected the decision to enroll, focusing on the role of state-specific dimensions of Unemployment …
Persistent link: https://www.econbiz.de/10010352375
unemployment of an enterprise zone policy implemented in France in the 1990s. …
Persistent link: https://www.econbiz.de/10010435770
Unemployment is at a low and stable level in Denmark. This achievement is often attributed to the so-called flexicurity … model may have, a low and stable unemployment rate is not automatically among them since the basic flexicurity properties … were also in place during the 1970s and 1980s where high and persistent unemployment was prevalent. Labour market …
Persistent link: https://www.econbiz.de/10010264219
information on parents' schooling and employment status. Unemployment might have negative psychological effects, with impact on … unemployment was in fact the major driving force. …
Persistent link: https://www.econbiz.de/10010264283