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changes is, nonetheless, strongly debated. We contribute to this discussion by analyzing the effect of unemployment on LOC … unemployment. Overall, we find a significant shift in stated LOC due to unemployment. Because the effect is observable during … unemployment only and not heterogeneous with respect to individual characteristics or unemployment duration, we conclude that only …
Persistent link: https://www.econbiz.de/10011776431
Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment … unemployment rate. Also unemployed persons who exogenously lost their jobs are affected by the reforms. In line with the structure …
Persistent link: https://www.econbiz.de/10012294311
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10011600752
High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …
Persistent link: https://www.econbiz.de/10005017424
Using unique survey data from the German Socio-Economic Panel, this study examines the influence of reciprocal inclinations on workers' sorting into codetermined firms. Employees with strong negative reciprocal inclinations are more likely to work in firms with a works council while employees...
Persistent link: https://www.econbiz.de/10011601044
Using unique survey data from the German Socio-Economic Panel, this study examines the influence of reciprocal inclinations on workers' sorting into codetermined firms. Employees with strong negative reciprocal inclinations are more likely to work in firms with a works council while employees...
Persistent link: https://www.econbiz.de/10009325381
Using representative German employee data, we analyse the role of works councils for the incidence of severance payments subsequent to dismissals. While there is a positive relation with severance payments after those dismissals which stem from plant closings, the incidence of a works council is...
Persistent link: https://www.econbiz.de/10011665812
We use the panel data of the German Socio-Economic Panel (SOEP) and of the Ukrainian Longitudinal Monitoring Survey (ULMS) to investigate whether risk attitudes have primary (exogenous) determinants that are valid in different stages of economic development and in a different structural context,...
Persistent link: https://www.econbiz.de/10011379815
Using German panel data, we assess the causal effect of job loss, and thus of an extensive income shock, on risk attitude. In line with predictions of expected utility reasoning about absolute risk aversion, losing one's job reduces the willingness to take risks. This effect strengthens in...
Persistent link: https://www.econbiz.de/10011443148
In this paper the relationship between parental unemployment at time of children's labor market entrance on the quality … negative correlation between fathers' unemployment at the time of children's labor market entrance and their children's first … wage, while no significant relation can be found for unemployment or labor market inactivity of mothers. …
Persistent link: https://www.econbiz.de/10011454476