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performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …
Persistent link: https://www.econbiz.de/10013052699
unemployment rate climbed to unprecedented levels and the growth rate of productivity decreased considerably. More recent times …
Persistent link: https://www.econbiz.de/10013130464
ALMPs that provide: (i) incentives for retaining employment, (ii) incentives for creating employment, (iii) incentives for …, when and to what extent specific ALMPs are effective. In particular, the paper shows that ALMPs retaining employment, like … employment, like hiring subsidies, perform much better on cost-effectiveness and strengthen the outsiders' position in the labor …
Persistent link: https://www.econbiz.de/10013099681
This paper examines the impact of employment protection legislation on productivity in the OECD, using annual cross … identifying assumption is that stricter employment protection influences worker or firm behaviour, and thereby productivity, more …-country aggregate data on the degree of regulations and industry-level data on productivity from 1982 to 2003. We adopt a "difference …
Persistent link: https://www.econbiz.de/10013325106
This paper shows that the structural breaks are an important characteristic of the monthly labor force participation rate (LFPR) series of Australia, Canada and the USA. Therefore we allow for endogenously determined multiple structural breaks in the empirical specifications of fractionally...
Persistent link: https://www.econbiz.de/10013065313
and employment. There is some evidence that short-time compensation programs stabilize permanent employment and reduce …
Persistent link: https://www.econbiz.de/10013131173
We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the frictionless equilibrium view; (ii) the chain reaction theory, or prolonged adjustment view; and (iii) the hysteresis view. While the frictionless view implies a clear...
Persistent link: https://www.econbiz.de/10013317303
Active labor market policies are massively used with the objective being to improve labor market outcomes of individuals out of work. Many observational evaluation studies have been published. In this review, we critically assess policy effectiveness. We emphasize insights from recent randomized...
Persistent link: https://www.econbiz.de/10012979863
for regulation on employment protection, minimum wages or tax/benefit systems as well as active labour market policies …Labour market institutions are deemed to have a great influence on the level and structure of employment. This holds …
Persistent link: https://www.econbiz.de/10012989836
unemployment response; and the very slow rate of recovery. We review the literature which finds most of the decline in productivity … intensification but employers appeared incapable of turning this effort into improved workplace level productivity. Widespread pay …
Persistent link: https://www.econbiz.de/10013016400