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for economies with either an earnings-related or flatrate unemployment compensation system are considered. A distinctive … feature of the analysis is the comparison of both unemployment compensation systems in a two-country setting. It is … demonstrated that the performance of a system with earnings-related or flat-rate unemployment benefits depends on whether the labor …
Persistent link: https://www.econbiz.de/10011403752
provoked if a single country reduces the generosity of the unemployment compensation system or weakens labor union power. For … degree of competition in the goods market and the institutional setup of the unemployment compensation system. Furthermore …
Persistent link: https://www.econbiz.de/10011404156
pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In … bargaining creates additional impediments for the positive employment consequences of UISAs. -- Employment ; trade union …Unemployment Insurance Savings Accounts (UISAs) entitle workers to unemployment benefits at the expense of future …
Persistent link: https://www.econbiz.de/10003578895
of routine employment and its consequent impacts on inequality. …
Persistent link: https://www.econbiz.de/10012161124
Generous income support programs as provided by European welfare states have often been blamed to hamper employment …
Persistent link: https://www.econbiz.de/10011289240
We analyze for the first time the welfare effects of unemployment benefits (UBs) in a context of high informality …, exploiting matched administrative and survey data with individual-level information on UB receipt, formal and informal employment … by a permanent shift of UB recipients towards informal employment, where they earn substantially lower wages. We then …
Persistent link: https://www.econbiz.de/10012596314
This paper studies the impact of downward wage rigidity on wage dynamics and employment flows after the outbreak of …, employment responses vary across recessions. In the low-inflation recession of 2009, job losses are highly persistent and …
Persistent link: https://www.econbiz.de/10013471360
welfare gains but gives rise to large wage differentials. -- Job search ; wage bargaining ; wage differentials ; unemployment … receive higher wages than employed singles. The model is applied to a welfare analysis of alternative unemployment insurance … systems, recognizing the role of spousal employment as a partial substitute for public insurance. The optimal system involves …
Persistent link: https://www.econbiz.de/10003934491
system, people are in effect rewarded for being unemployed (through the unemployment benefits) and penalized for being …We explore the implications of replacing current unemployment benefit (UB) systems by unemployment accounts (UA). Under … the UA system, employed people would be required to make ongoing contributions to their unemployment accounts, and the …
Persistent link: https://www.econbiz.de/10011412084
"Contrary to widespread belief, we show that low-pay workers might not generally prefer that the minimum wage rate be increased to a level where the labor demand is unitary elastic. Rather, there exists a critical value of elasticity of labor demand such that increases in the minimum wage rate...
Persistent link: https://www.econbiz.de/10003399172