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The past couple of decades have seen a huge increase in research on various labor market institutions. This paper 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...
Persistent link: https://www.econbiz.de/10010231630
sequencing of benefits), monitoring in conjunction with sanctions, and workfare. Our reading of the theoretical literature is …
Persistent link: https://www.econbiz.de/10011507749
of improving the efficiency of UI: the duration of benefit payments, monitoring in conjunction with sanctions, and … monitoring and sanctions restores search incentives most effectively, since it brings additional incentives to search actively so … monitoring and sanctions than in the other two systems. Workfare appears to be inferior to the other two systems. …
Persistent link: https://www.econbiz.de/10011509411
effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …
Persistent link: https://www.econbiz.de/10011408413