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As country after country in the European Union is called to respond to the current challenge of our time - high inflation and declining real wages - governments must engage in a transformative agenda and go beyond emergency energy vouchers and income support cashtransfers. And if the goal is to...
Persistent link: https://www.econbiz.de/10014474497
In this study we address the relationship of self-reported reservation wages (RW) (the lowest offered income at which an unemployed persona will accept a job offer), the income replacement rate of unemployment benefit (IRUB) and psychosocial need for employment with job search intensity and...
Persistent link: https://www.econbiz.de/10010464455
The job guarantee (JG) is a public option for jobs. It is a permanent, federally funded, and locally administered program that supplies voluntary employment opportunities on demand for all who are ready and willing to work at a living wage. While it is first and foremost a jobs program, it has...
Persistent link: https://www.econbiz.de/10012142949
It is an overarching and persistent fact that job creation in the Indian manufacturing sector has fallen short of the growth in the workforce. The successive governments since 2009 onwards have attempted to initiate policies to enhance the growth in employment along with quality of jobs in the...
Persistent link: https://www.econbiz.de/10012625355
The global financial crisis has now spread across multiple countries and sectors, affecting both financial and real spheres in the advanced as well as the developing economies. This has been caused by policies based on rational expectation models that advocate deregulated finance, with...
Persistent link: https://www.econbiz.de/10010286492
This paper explores the consequences of grouping workers into diverse divisions on the performance of employees using a dataset containing the detailed personnel records of a large U.S. firm from 1989-1994. In particular, I examine the effects of demographic dissimilarity among co-workers,...
Persistent link: https://www.econbiz.de/10010287836
involved in the legislative process), we show that an expansion in the welfare state increases the fertility, marriage, and … divorce rates with a quantitatively stronger effect on the marriage rate. We conclude that the welfare state supports family … formation. Nevertheless, we also find that the welfare state decouples marriage and fertility, and therefore, alters the …
Persistent link: https://www.econbiz.de/10010294893
The prospect theory of Kahneman and Tversky (1979) and the cumulative prospect theory of Tversky and Kahneman (1992) are descriptive models for decision making that summarize several violations of the expected utility theory. This paper gives a survey of applications of prospect theory to the...
Persistent link: https://www.econbiz.de/10005858528
Using unique evidence from the OeNB Euro Survey, this paper sheds light on the correlation between the distribution of income and trust in national governments in ten Central, Eastern and Southeastern European (CESEE) countries between 2009 and 2015. By applying multilevel modeling to account...
Persistent link: https://www.econbiz.de/10013370139
Climate change is one of the most important challenges for the present generation, which is living in decades characterized by a drastic increase in greenhouse gas emissions, especially in the most developed countries: not only the production realities - for which policies already largely...
Persistent link: https://www.econbiz.de/10014305709