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incumbent firms. Our results indicate that individuals' employment stability was higher in incumbent than in newly founded firms … while their risk of becoming unemployed was lower. In particular in eastern Germany, joining firms that were older than six …
Persistent link: https://www.econbiz.de/10013324848
We provide new estimates on worker flow rates in and out of unemployment for Germany covering the last six decades. In … the 1980s, Germany emerged as the sick man of Europe with a labor market characterized by persistently high unemployment … rates. We attribute a substantial fraction of the rise in unemployment to a dramatic increase in inflow rates compared to …
Persistent link: https://www.econbiz.de/10012979454
predict individuals' transitions between employment and unemployment. Unlike with the unemployment rate, we not only examine …Job posting counts (JPCs) are increasingly being used as indicators of employment dynamics, but they have not received … the traditional survey-based unemployment rate versus big-data-based JPCs in capturing labor market transitions in the …
Persistent link: https://www.econbiz.de/10014343849
Using administrative data on individual workers' employment history and firms, we investigate the cyclicality of worker …, hirings more frequently result from direct job-to-job transitions to larger firms. Transitions between employment and … unemployment at large firms are generally found to be more cyclical. However, this stylised fact disappears when the composition of …
Persistent link: https://www.econbiz.de/10013135186
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/10012906473
participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long …. Overall we find that Germany increased welfare as unemployment fell …In this paper we investigate the recent fall in unemployment, and the rise in part-time work, labour market …
Persistent link: https://www.econbiz.de/10012922445
unemployed which offer a pathway to early retirement such as, Germany and Spain, older displaced workers exhibit lower re-employment …-retirement decision. Employing individual data from the European Community Household Panel for Germany, Italy, Spain, and the U.K., a … transitions into re-employment and retirement. The findings suggest that in countries with institutional provisions for older …
Persistent link: https://www.econbiz.de/10013316799
. The analysis moves beyond that of unemployment rates to a detailed investigation of transition rates from employment to … individual-level data for West Germany for the period 1983 to 1994, this paper explores both the demographic heterogeneity of … German unemployment in the long term, and the cyclical sensitivity of the unemployment experience across demographic groups …
Persistent link: https://www.econbiz.de/10014163654
Starting in January 2003, Germany implemented the first two so-called Hartz reforms, followed by the third and fourth … market flows and reduce unemployment duration. Without attempting to evaluate the specific components of these Hartz reforms …
Persistent link: https://www.econbiz.de/10012778974
poor re-employment outcomes …
Persistent link: https://www.econbiz.de/10014244266