Showing 1 - 10 of 670
This paper combines both micro and macro approaches to identify the drivers of (un)employment and inactivity in … unemployment. High unemployment of young and low-skilled workers reflects substantial unemployment traps, while disincentives for … (respectively seniors). Further reduction of structural unemployment requires better integration of vulnerable groups into the labor …
Persistent link: https://www.econbiz.de/10012154712
Raising South Africa's low employment rate to levels seen in emerging market or advanced economy peers could raise GDP … find much scope for improving the design of key labor market institutions-including collective bargaining and employment …
Persistent link: https://www.econbiz.de/10012612327
We evaluate the direct employment effect of the public investment in key infrastructure-electricity, roads, schools and … employment effect. Overall, we estimate that one percent of global GDP in public investment can create more than seven million … jobs worldwide through its direct employment effects alone …
Persistent link: https://www.econbiz.de/10012613477
Persistent link: https://www.econbiz.de/10013170607
hypotheses concerning the slow employment growth and rise in unemployment since 1990 are evaluated. The analysis indicates that a … large part of the recent rise in the unemployment rate may reflect an increase in the structural rather than the cyclical … component of unemployment. Various sources of labor market rigidities that may have contributed to the increase in structural …
Persistent link: https://www.econbiz.de/10014398109
The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … benefits into employment subsidies--“benefit transfers” for short--would help replace the unemployment trap by an incentive to …
Persistent link: https://www.econbiz.de/10014398707
I use three decades of county-level data to estimate the effects of federal unemployment benefit extensions on economic … activity. To overcome the reverse causality coming from the fact that benefit extensions are a function of state unemployment … as an instrument to estimate local fiscal multipliers of unemployment benefit transfers. I find (i) that the overall …
Persistent link: https://www.econbiz.de/10012518891
Employment is key to combating poverty. Thus, detractors of social assistance programs argue that they create … jury is still out with respect to their impact on formal employment. This paper exploits an unannounced change in the … identify the causal impact of the program on formal employment, combining three large administrative datasets. This paper finds …
Persistent link: https://www.econbiz.de/10012252007
German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …
Persistent link: https://www.econbiz.de/10014395385
Persistent link: https://www.econbiz.de/10009706786