Showing 1 - 10 of 941
This paper explores the influence of on-the-job training on the employment effect of firing costs. It shows that on …-the-job training (generating firm specific skills) causes firing costs to have a contractionary influence on average employment (over …
Persistent link: https://www.econbiz.de/10010265395
We build quadratic labor adjustment costs into an otherwise standard New-Keynesian model of the business cycle and show that this is sufficient to increase both, output and inflation persistence.
Persistent link: https://www.econbiz.de/10010263522
We build quadratic labor adjustment costs into an otherwise standard New-Keynesian model of the business cycle and show that this increases output persistence in a similar vein as other models of labor market frictions. Furthermore, it is demonstrated that quadratic labor adjustment costs imply...
Persistent link: https://www.econbiz.de/10011453723
We build quadratic labor adjustment costs into an otherwise standard New-Keynesian model of the business cycle and show that this increases output persistence in a similar vein as other models of labor market frictions. Furthermore, it is demonstrated that quadratic labor adjustment costs imply...
Persistent link: https://www.econbiz.de/10011452084
costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10010292491
costs influence insider wages and outsiders' opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …
Persistent link: https://www.econbiz.de/10011412195
The paper explores the employment implications of allowing people the opportunity of using a portion of their … incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this … policy could increase employment, raise the incomes of incapacity benefit recipients, and reduce employers? labor costs. The …
Persistent link: https://www.econbiz.de/10010265558
The paper explores the employment implications of allowing people the opportunity of using a portion of their … incapacity benefits to provide employment vouchers for employers that hire them. The analysis indicates that introducing this … policy could increase employment, raise the incomes of incapacity benefit recipients, and reduce employers' labor costs. The …
Persistent link: https://www.econbiz.de/10011412088
The paper examines the employment and unemployment implications of permitting unemployed people to use part of their … unemployment benefits to provide employment vouchers to the firms that hire them. This opportunity to transfer unemployment … benefits into employment subsidies--quot;benefit transfersquot; for short--would help replace the unemployment trap by an …
Persistent link: https://www.econbiz.de/10012781941
excessively high and their employment excessively low. These inefficiencies are usually magnified through unemployment benefit … systems. This paper examines how these problems can be tackled through "employment vouchers," i.e., hiring subsidies or tax …. The employment vouchers considered here reduce unemployment and impose no cost on the government, since they are financed …
Persistent link: https://www.econbiz.de/10014189951