Showing 1 - 10 of 1,071
We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …
Persistent link: https://www.econbiz.de/10013044413
The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …
Persistent link: https://www.econbiz.de/10013039503
protection, unemployment insurance benefits and minimum income support, working time flexibility and wage setting played a … crucial role in determining to what extent the economic crisis led to higher unemployment, wage cuts or income losses and …
Persistent link: https://www.econbiz.de/10013118534
This paper analyses the effect of unemployment insurance generosity and active labour market policy on reemployment … to identify policy effects at the micro and macro level. Empirical evidence suggests that unemployment benefit receipt is … associated with longer reemployment duration at the individual level. Furthermore, countries with more generous unemployment …
Persistent link: https://www.econbiz.de/10013087395
The empirical literature on unemployment insurance has focused on its direct effect on unemployment duration, while the … unemployment insurance system aiming at reducing high European unemployment rates should consider both effects. This paper provides … evidence on the effect of unemployment benefits on unemployment and employment duration in Europe, using individual data from …
Persistent link: https://www.econbiz.de/10013317454
This paper analyzes the effects of different labor market institutions on inflation and output volatility. The eurozone …. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …
Persistent link: https://www.econbiz.de/10013143682
and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …
Persistent link: https://www.econbiz.de/10013107467
We analyse benefit-entitlement effects and the likely impact of the recent reform of the unemployment compensation … system on the duration of unemployment in Germany on the basis of a flexible discrete-time hazard rate model estimated on pre … unemployed who are eligible to means-tested unemployment assistance after the exhaustion of unemployment benefit, but not for …
Persistent link: https://www.econbiz.de/10014051628
makes the consequences of unemployment less severe. We evaluate a two-part policy reform in Belgium to study whether … conditioning the prospective entitlement to unemployment benefits for education-leavers on age or schooling attainment can affect … educational achievements. The results show that the prospect of financial loss in case of unemployment can significantly raise …
Persistent link: https://www.econbiz.de/10014080120
A large fraction of the eligible unemployed workers does not claim for unemployment insurance (UI) and, among claimants … the sample faces high claiming frictions, many have good employment prospects and exit unemployment quickly. The burden of … little effect on aggregate unemployment duration. Additionally we show that the link between claiming and job search efforts …
Persistent link: https://www.econbiz.de/10013250772