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We analyze the impact of imperfect contract enforcement on the emergence of unemployment. In an experimental labor … observable, but not verifiable to a situation where explicit contracts are feasible. Our main result shows that unemployment is … much higher when third-party contract enforcement is absent. Unemployment is involuntary, being caused by firms' employment …
Persistent link: https://www.econbiz.de/10013141722
Dismissal rules, i.e. legally enforced long term contracts, have beem defended against criticism for, among other things, providing efficient incentives to invest in relationship specific skills. However, in many situations efficient investment can also be attained by spot contracts. We...
Persistent link: https://www.econbiz.de/10009580472
unemployment. -- gift exchange ; reciprocity ; experiments …
Persistent link: https://www.econbiz.de/10009693902
individual has been unemployed for 10 months, pointing to the existence of an unemployment stigma for Germany. The results are … evidence for an unemployment stigma determined by the contract type. …
Persistent link: https://www.econbiz.de/10011710015
individual has been unemployed for 10 months, pointing to the existence of an unemployment stigma for Germany. The results are … evidence for an unemployment stigma determined by the contract type. …
Persistent link: https://www.econbiz.de/10012114623
We conduct a field experiment to evaluate the effectiveness of labor market speeddates where unemployed workers meet temporary employment agencies. Our analysis shows that participation in such events increases immediate job finding by 6-7 percentage points. In the subsequent months, employment...
Persistent link: https://www.econbiz.de/10012870381
This paper estimates a structural model of job search which accounts for utility costs and benefits linked to mandatory reemployment programs. The estimation uses data from a randomized experiment which generates exogenous variation in the threat of program participation. I use the compensating...
Persistent link: https://www.econbiz.de/10012703033
In this paper, we discuss recent evidence from economic experiments that study the impact of social preferences on workplace behavior. We focus on situations in which a single employer interacts with multiple employees. Traditionally, equity and efficiency have been seen as opposing aims in such...
Persistent link: https://www.econbiz.de/10009307567
In this paper, we discuss recent evidence from economic experiments that study the impact of social preferences on workplace behavior. We focus on situations in which a single employer interacts with multiple employees. Traditionally, equity and efficiency have been seen as opposing aims in such...
Persistent link: https://www.econbiz.de/10013124485
assistance. Our findings show that the assistance reduces unemployment among the treated, but also creates substantial … displacement leading to higher unemployment for the non-treated. By using detailed information on caseworker and job seeker … unemployment and reduced government spending. …
Persistent link: https://www.econbiz.de/10012133119