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We analyze how wage setting institutions and job-security provisions interact on unemployment. The assumption that … exercises suggest that redundancy transfers and administrative dismissal restrictions have negligeable unemployment effects when … wages are flexible or when the minimum wage is low, but a dramatic positive impact on unemployment when there is a high …
Persistent link: https://www.econbiz.de/10010262316
In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …
Persistent link: https://www.econbiz.de/10010262352
In theoretical literature, the effects of employment protection on unemployment are ambiguous. Higher employment … can unambiguously increase unemployment. Interestingly, I find that tightening the restrictions on redundancies and …
Persistent link: https://www.econbiz.de/10010295841
Persistent link: https://www.econbiz.de/10011695747
endogenous unemployment and wages. This means that the government needs to consider the effects on wages and unemployment when … designing the optimal tax function. The tax systems' effects on the wage formation and the unemployment rates result in new … marginal tax rates to raise the unemployment rate for the high-skilled and lower it for the low-skilled workers. …
Persistent link: https://www.econbiz.de/10010321541
. Both marginal tax rates are of ambiguous sign. The tax systems' effects on the wage formation and the unemployment rates …
Persistent link: https://www.econbiz.de/10010321780
Our search model combines two search methods, the public employment service (PES) and random search. The separation rate is endogenous, the job matching process consists of three rounds. In the first and the second respectively the short-term (STU) and the long-term unemployed (LTU) randomly...
Persistent link: https://www.econbiz.de/10010299229
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects … around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its … characteristics such as mature age, lack of experience, and entitlement to unemployment benefits are key to understand the cross …
Persistent link: https://www.econbiz.de/10011994631
reservation wages to decrease. The rate at which job offers arrive is constant over the unemployment duration. These findings …
Persistent link: https://www.econbiz.de/10010262149
geschätzt werden, bestätigen insbesondere die zentrale Bedeutung der Arbeitslosigkeit für die Höhe der Fehlzeiten. Weiterhin …
Persistent link: https://www.econbiz.de/10010262287