We analyze the general equilibrium effects of countercyclical unemployment benefit policies. Our heterogenous-agent model features costly job search with imperfect insurance of unemployment risk and individual savings. Our model predicts: (1) the additional unemployment under a countercyclical policy relative to that under an acyclical policy to be a superlinear function of the aggregate shock’s size, (2) a higher unemployment rate sensitivity to UI policy changes when individual savings are relatively low. Our estimates of the effects of UI policy changes are based on transition dynamics; we show these estimates to be substantially different from estimates based on steady-state analyses.
{"title":"Countercyclical Unemployment Benefits: General Equilibrium Analysis of Transition Dynamics","authors":"Erhan Bayraktar, Indrajit Mitra, Jingjie Zhang","doi":"10.2139/ssrn.3925579","DOIUrl":"https://doi.org/10.2139/ssrn.3925579","url":null,"abstract":"We analyze the general equilibrium effects of countercyclical unemployment benefit policies. Our heterogenous-agent model features costly job search with imperfect insurance of unemployment risk and individual savings. Our model predicts: (1) the additional unemployment under a countercyclical policy relative to that under an acyclical policy to be a superlinear function of the aggregate shock’s size, (2) a higher unemployment rate sensitivity to UI policy changes when individual savings are relatively low. Our estimates of the effects of UI policy changes are based on transition dynamics; we show these estimates to be substantially different from estimates based on steady-state analyses.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"61 2","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2021-09-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"120877695","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Purpose: The objectives of the study were to critically analyze the effectiveness of CIMS in completing the registration / academic advising process at Shinas College of Technology and to critically analyze the effective functions of the CIMS to fulfill the role played by the CIMS. Design/methodology/approach: For this research study, Simple random sampling method in selecting the samples of the survey. 180 samples were collected which include the faculty, students and users of the College Information Management System (CIMS) from Shinas College of Technology (ICT). The collected data underwent analysis using the SPSS and the findings were interpreted. Findings: The study reveals that CIMS is characterized by its multiple functions; is user-friendly and flexible. CIMS has met the expectations of most of the users, despite the presence of a few technical problems requiring improvement.Educational Technology Center (ETC) ensures smooth, secure, safe and fast access. CIMS is subject to continuous assessment through periodic follow up by the Educational College Center from any external attacks etc. which is a welcoming feature. Research limitations/Implications: The study suggests that CIMS users should be given training on the updates and necessary training to the CIMS maintenance crew. Social implications: The study suggests thatthere is only a small group of individuals who handles and manages the entire program - installation of CIMS and periodic follow-up etc. and technical expertise is needed at the college level. Originality/Value: No study have ever examined the Information Management System of HEIs in Oman.
{"title":"Managing Students & Employees Through College Information Management System (Cims) – A Case Study: Shinas College of Technology (Shct), Oman","authors":"Maryam Humaid Ali Al Briki, Firdouse R Khan","doi":"10.18510/HSSR.2018.6211","DOIUrl":"https://doi.org/10.18510/HSSR.2018.6211","url":null,"abstract":"Purpose: The objectives of the study were to critically analyze the effectiveness of CIMS in completing the registration / academic advising process at Shinas College of Technology and to critically analyze the effective functions of the CIMS to fulfill the role played by the CIMS. \u0000Design/methodology/approach: For this research study, Simple random sampling method in selecting the samples of the survey. 180 samples were collected which include the faculty, students and users of the College Information Management System (CIMS) from Shinas College of Technology (ICT). The collected data underwent analysis using the SPSS and the findings were interpreted. \u0000Findings: The study reveals that CIMS is characterized by its multiple functions; is user-friendly and flexible. CIMS has met the expectations of most of the users, despite the presence of a few technical problems requiring improvement.Educational Technology Center (ETC) ensures smooth, secure, safe and fast access. CIMS is subject to continuous assessment through periodic follow up by the Educational College Center from any external attacks etc. which is a welcoming feature. \u0000Research limitations/Implications: The study suggests that CIMS users should be given training on the updates and necessary training to the CIMS maintenance crew. \u0000Social implications: The study suggests thatthere is only a small group of individuals who handles and manages the entire program - installation of CIMS and periodic follow-up etc. and technical expertise is needed at the college level. \u0000Originality/Value: No study have ever examined the Information Management System of HEIs in Oman.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"168 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-02-03","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123688617","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This study is realized to analyze and identify some influence with their variable data test realistically, these variables among which 1. The effect of work experience on work productivity, 2. Effect of age on the productivity of employees, 3. Effect of employee training on labor productivity, and further section 4. Effect of emotional intelligence to work productivity. The purpose of this study was to gain knowledge, absolute value and also testing of the associated variable X to variable Y. In the process ,. Related to measuring value and process data calculations, carried out using SEM techniques and applications SmartPLS 3.0. The results of this study states the influence of all the indicator variable to employee productivity. The most significant influence on the productivity of an employee's age, it is stated that an employee who had an average age will affect a greater productive on his ability to work. This happened with the hiring fresh graduates.
{"title":"Effect of Work Experience, Age of Employee, Training, Emotional Intelligence, of Work Productivity","authors":"Annisa Nabila, Ratih Pratiwi, Osly Usman","doi":"10.2139/ssrn.3313230","DOIUrl":"https://doi.org/10.2139/ssrn.3313230","url":null,"abstract":"This study is realized to analyze and identify some influence with their variable data test realistically, these variables among which 1. The effect of work experience on work productivity, 2. Effect of age on the productivity of employees, 3. Effect of employee training on labor productivity, and further section 4. Effect of emotional intelligence to work productivity. The purpose of this study was to gain knowledge, absolute value and also testing of the associated variable X to variable Y. In the process ,. Related to measuring value and process data calculations, carried out using SEM techniques and applications SmartPLS 3.0. The results of this study states the influence of all the indicator variable to employee productivity. The most significant influence on the productivity of an employee's age, it is stated that an employee who had an average age will affect a greater productive on his ability to work. This happened with the hiring fresh graduates.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"11 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2019-01-10","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"126589732","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
This report examines the use that employers in the developing cell therapy industry make, and are planning to make as they commercialise, of technicians. It considers the duties, skills and training of such technicians. It examines how employers in cell therapy aim to fill technician roles and outlines some of the problems they face in trying to do so. Conclusions for policy-makers are drawn, especially about the appropriate institutional framework within which skills development for such emerging industries is best carried out.
{"title":"How to Create Skills for an Emerging Industry: The Case of Technician Skills and Training in Cell Therapy","authors":"P. Lewis","doi":"10.2139/ssrn.2903909","DOIUrl":"https://doi.org/10.2139/ssrn.2903909","url":null,"abstract":"This report examines the use that employers in the developing cell therapy industry make, and are planning to make as they commercialise, of technicians. It considers the duties, skills and training of such technicians. It examines how employers in cell therapy aim to fill technician roles and outlines some of the problems they face in trying to do so. Conclusions for policy-makers are drawn, especially about the appropriate institutional framework within which skills development for such emerging industries is best carried out.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"99 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-12-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"133016808","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
During the years of independence, the economy of Kazakhstan shows a rapid growth rate [1, c. 4]. So, in 2014 the country's GDP reached 38,033 billion tenge, which is 7.8% more than GDP in 2013. Consider two key economic indicators of GDP and the volume of insurance premiums. In 2004, the share of insurance premiums in GDP was only 0.66%. In 2004-2014, the maximum value of the share of insurance premiums was observed in 2006, which was only 1.09%, while the minimum value of 0.59% was observed in 2010. The development of the insurance market directly depends on the dynamics of the country's GDP. Comparison of GDP and insurance premiums in dynamics confirms the close interdependence of the republic's economic growth with changes in the insurance market. The penetration of the insurance market into the economy of the country remains still low. In Kazakhstan, according to the NB RK, the share of insurance premiums under insurance and reinsurance contracts in GDP is less than 1%. In developed countries, this figure exceeds 5%.
{"title":"Analysis of the Present State of the Insurance Market: From the Company's Strategy to Project Portfolio","authors":"L. Spankulova, A. R. Kerimbaev","doi":"10.2139/ssrn.2961224","DOIUrl":"https://doi.org/10.2139/ssrn.2961224","url":null,"abstract":"During the years of independence, the economy of Kazakhstan shows a rapid growth rate [1, c. 4]. So, in 2014 the country's GDP reached 38,033 billion tenge, which is 7.8% more than GDP in 2013. Consider two key economic indicators of GDP and the volume of insurance premiums. \u0000In 2004, the share of insurance premiums in GDP was only 0.66%. In 2004-2014, the maximum value of the share of insurance premiums was observed in 2006, which was only 1.09%, while the minimum value of 0.59% was observed in 2010. The development of the insurance market directly depends on the dynamics of the country's GDP. Comparison of GDP and insurance premiums in dynamics confirms the close interdependence of the republic's economic growth with changes in the insurance market. The penetration of the insurance market into the economy of the country remains still low. In Kazakhstan, according to the NB RK, the share of insurance premiums under insurance and reinsurance contracts in GDP is less than 1%. In developed countries, this figure exceeds 5%.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"79 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2017-05-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"123535583","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
A number of studies suggest that the Europeanization process has a profound impact on national labour market policies, but fairly little research has been devoted to the development of social assistance benefit schemes across countries and over time. Relying on two new indicators, benefit levels and replacement rates, we examine the impact of the Lisbon Strategy on national social assistance policies. We find no robust effects for the first years of the Lisbon Strategy. However, after its re-launch in 2005, the Lisbon Strategy has significantly contributed to increases of national social assistance benefit levels. In addition to the Lisbon Strategy, domestic political, institutional and several economic factors also have a significant impact on social assistance benefits.
{"title":"Social Assistance Benefits and European Coordination","authors":"Jinxian Wang, Olaf van Vliet, K. Goudswaard","doi":"10.2139/ssrn.2645606","DOIUrl":"https://doi.org/10.2139/ssrn.2645606","url":null,"abstract":"A number of studies suggest that the Europeanization process has a profound impact on national labour market policies, but fairly little research has been devoted to the development of social assistance benefit schemes across countries and over time. Relying on two new indicators, benefit levels and replacement rates, we examine the impact of the Lisbon Strategy on national social assistance policies. We find no robust effects for the first years of the Lisbon Strategy. However, after its re-launch in 2005, the Lisbon Strategy has significantly contributed to increases of national social assistance benefit levels. In addition to the Lisbon Strategy, domestic political, institutional and several economic factors also have a significant impact on social assistance benefits.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"23 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-08-17","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"134029165","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
In this article, we test whether tenure choice influences employment. This influencemight arise through a number of channels, including transaction costs, lock-in effects, wealtheffects, externalities and commuting times. These factors could collectively have either a positiveor negative effect on employment outcomes. Using Current Population Survey panel data from1988 to 2013, we conclude that tenure rates do not statistically influence employment growthrates. Using Panel Study of Income Dynamics data from 1994 to 2011 and Survey of Income andProgram Participation data from 1995 to 2013, we conclude that home-owning does not increasepeoples’ unemployment probabilities or significantly increase people’s unemployment spells ordecrease people’s wages. But home-owning does affect employment by lengthening employmentdurations and increasing the likelihood of interstate moves. By investigating some features ofhome-owing- presence of mortgages, negative equity, wealth accumulation and attachment tocommunities-we conclude that having mortgages, negative equity and wealth accumulationmight affect job outcomes, largely in a positive direction.
{"title":"Housing Tenure and Unemployment","authors":"Richard K. Green, B. Wang","doi":"10.2139/ssrn.2628242","DOIUrl":"https://doi.org/10.2139/ssrn.2628242","url":null,"abstract":"In this article, we test whether tenure choice influences employment. This influencemight arise through a number of channels, including transaction costs, lock-in effects, wealtheffects, externalities and commuting times. These factors could collectively have either a positiveor negative effect on employment outcomes. Using Current Population Survey panel data from1988 to 2013, we conclude that tenure rates do not statistically influence employment growthrates. Using Panel Study of Income Dynamics data from 1994 to 2011 and Survey of Income andProgram Participation data from 1995 to 2013, we conclude that home-owning does not increasepeoples’ unemployment probabilities or significantly increase people’s unemployment spells ordecrease people’s wages. But home-owning does affect employment by lengthening employmentdurations and increasing the likelihood of interstate moves. By investigating some features ofhome-owing- presence of mortgages, negative equity, wealth accumulation and attachment tocommunities-we conclude that having mortgages, negative equity and wealth accumulationmight affect job outcomes, largely in a positive direction.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"13 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2015-06-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121295875","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
French Abstract: Le Canada a recemment modifie son regime assuranciel de remplacement du revenu en cas de chomage. Prenant pretexte de ce triste evenement, nous entendons jeter un regard inspire a la fois de la theorie des droits humains, et notamment du droit a la protection sociale, et de celle des politiques sociales, sur les enjeux de la reforme. Pour ce faire nous procederons en deux temps. Dans un premier temps, nous proposons une critique contextuelle du regime preexistant de protection contre le chomage au Canada. Cette critique prend en compte les effets d’exclusion du systeme et constate l’asservissement des travailleurs et des chomeurs aux theories du capital humain et des enjeux contemporains de la disponibilite des ressources humaines, dans une perspective de droits humains (A). Dans un second temps, nous examinons le contexte international et transnational dans lequel s’inscrit la recente reforme canadienne (B). Dans la foulee de la proposition de Ferrera portant sur les investissements sociaux du nouvel Etat liberal neo providentiel, nous explorons les avenues proposees par la Recommandation no 202 adoptee par l’OIT en 2012, laquelle porte sur les seuils minimaux de protection sociale. Nous concluons par une hypothese: un regime tel le regime canadien d’assurance chomage doit dorenavant etre considere comme residuaire dans le registre des politiques sociales assurant un socle minimal de protection. Et en consequence de ce caractere residuaire, sa transformation profonde echapperait aux exigences posees par l’article 9 du Pacte international relatif aux droits economiques, sociaux et culturels (PIDESC).English Abstract: Canada recently modified its unemployment social protection regimes, making access to the benefits tougher and benefits themselves slimmer. As a consequence, unemployment regime in Canada, like in many other OECD countries, became a tool that firstly aims at keeping precarious workers on the labour market. As the then Minister of Finance said: a job is a job. Using this unfortunate event as pretext, this paper wishes to explore the relationship between social protection as a human right and social protection as a human capital investment. We also factor in the analysis of the recent adoption by ILO of Recommendation no 202 on social protection floors (2012) and conclude that in a country like Canada, the transnational influence of international standards and of the neo-welfare state model leads us to believe that income replacement measures framed in a social security model are about to be seen as residuary. This raises the issue of the relevancy of human rights instruments and the one of compliance with such instruments in the technical world of social security.
英语摘要:加拿大最近修改了其失业收入替代保险计划。以这一令人悲伤的事件为借口，我们打算从人权理论，特别是社会保护权利的理论，以及社会政策的理论，来审视改革的利害关系。为此，我们将分两个阶段进行。首先，我们对加拿大现有的失业保护制度提出了背景批评。这种批评考虑了系统的排斥效应，并从人权的角度观察到工人和失业者屈从于人力资本理论和当代人力资源可用性问题(A)。我们审议国际和跨国背景是加拿大(B)最近的改革。在foulee建议费雷拉,涵盖社会投资的天使nesv liberal neo,我们探索街道处方的第202号2012年通过劳工组织的建议,其中涉及社会保障的最低门槛。我们的结论是，像加拿大失业保险计划这样的计划必须被视为社会政策记录中的残余，提供最低限度的保护。由于其残余性，其深刻的转变将不符合《经济、社会、文化权利国际盟约》(《经济、社会、文化权利国际盟约》)第9条的要求。英文摘要:加拿大最近修改了其失业社会保护制度，使领取福利的机会更大，福利本身也更少。因此，加拿大的失业制度同许多其他经合发组织国家一样，成为一种工具，其主要目的是使不稳定的工人留在劳动力市场。财政部长说:工作就是工作。本文以这一不幸事件为契机，探讨作为人权的社会保护与作为人力资本投资的社会保护之间的关系。We also in the factor analysis of the recent by ILO of 202号建议人们通过社会保护,(2012)与加拿大的that in a country . like, the跨国影响力model of international standards of the neo-welfare state (promenade us to我万里安置措施、以及in a social security model are about to be as剩余曾经见过。这就提出了人权文书的相关性问题以及在社会保障技术领域遵守这些文书的问题。
{"title":"Le Droit Humain À La Protection Sociale Et Le Risque Chômage: Doit-On Capituler? (The Human Right to Social Protection and the Risk of Unemployment: Shall We Stop Dreaming of It?)","authors":"L. Lamarche","doi":"10.2139/SSRN.2433830","DOIUrl":"https://doi.org/10.2139/SSRN.2433830","url":null,"abstract":"French Abstract: Le Canada a recemment modifie son regime assuranciel de remplacement du revenu en cas de chomage. Prenant pretexte de ce triste evenement, nous entendons jeter un regard inspire a la fois de la theorie des droits humains, et notamment du droit a la protection sociale, et de celle des politiques sociales, sur les enjeux de la reforme. Pour ce faire nous procederons en deux temps. Dans un premier temps, nous proposons une critique contextuelle du regime preexistant de protection contre le chomage au Canada. Cette critique prend en compte les effets d’exclusion du systeme et constate l’asservissement des travailleurs et des chomeurs aux theories du capital humain et des enjeux contemporains de la disponibilite des ressources humaines, dans une perspective de droits humains (A). Dans un second temps, nous examinons le contexte international et transnational dans lequel s’inscrit la recente reforme canadienne (B). Dans la foulee de la proposition de Ferrera portant sur les investissements sociaux du nouvel Etat liberal neo providentiel, nous explorons les avenues proposees par la Recommandation no 202 adoptee par l’OIT en 2012, laquelle porte sur les seuils minimaux de protection sociale. Nous concluons par une hypothese: un regime tel le regime canadien d’assurance chomage doit dorenavant etre considere comme residuaire dans le registre des politiques sociales assurant un socle minimal de protection. Et en consequence de ce caractere residuaire, sa transformation profonde echapperait aux exigences posees par l’article 9 du Pacte international relatif aux droits economiques, sociaux et culturels (PIDESC).English Abstract: Canada recently modified its unemployment social protection regimes, making access to the benefits tougher and benefits themselves slimmer. As a consequence, unemployment regime in Canada, like in many other OECD countries, became a tool that firstly aims at keeping precarious workers on the labour market. As the then Minister of Finance said: a job is a job. Using this unfortunate event as pretext, this paper wishes to explore the relationship between social protection as a human right and social protection as a human capital investment. We also factor in the analysis of the recent adoption by ILO of Recommendation no 202 on social protection floors (2012) and conclude that in a country like Canada, the transnational influence of international standards and of the neo-welfare state model leads us to believe that income replacement measures framed in a social security model are about to be seen as residuary. This raises the issue of the relevancy of human rights instruments and the one of compliance with such instruments in the technical world of social security.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"56 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-05-06","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"114756919","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
Jobs offer different wages and different non-monetary working conditions. This paper investigates how the demand for non-monetary aspects evolves over changing wealth levels. Wages do not perfectly compensate individuals for differential utility of jobs in a labour market with informational frictions. Changes in wealth may then affect preferences for different jobs. Willingness to pay for non-monetary aspects of jobs (measured by job satisfaction for work "in itself") is found to increase with wealth shocks. Duration models are estimated based on the reduced form of a search model. Wealth may play an important role in labour market choices.
{"title":"Too Rich to Do the Dirty Work? Wealth Effects on the Demand for Good Jobs","authors":"L. Haywood","doi":"10.2139/ssrn.2388081","DOIUrl":"https://doi.org/10.2139/ssrn.2388081","url":null,"abstract":"Jobs offer different wages and different non-monetary working conditions. This paper investigates how the demand for non-monetary aspects evolves over changing wealth levels. Wages do not perfectly compensate individuals for differential utility of jobs in a labour market with informational frictions. Changes in wealth may then affect preferences for different jobs. Willingness to pay for non-monetary aspects of jobs (measured by job satisfaction for work \"in itself\") is found to increase with wealth shocks. Duration models are estimated based on the reduced form of a search model. Wealth may play an important role in labour market choices.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"35 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2014-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124294508","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
The Great Recession had a large impact on unemployment rates and growth in wealthy industrial countries. When the recession began most rich countries were experiencing an increase in labor force participation rates after age 60. This paper examines whether the downturn slowed or reversed the trend toward higher old-age participation rates. We use straightforward time series analysis to test for a break in labor force trends after 2007. Our results indicate that the average rate of increase in labor force participation slowed in only a handful of countries. Averaging across all 20 countries in our sample, we find that the average pace of labor force participation increase was faster after 2007 than before. Countries that experienced unusually severe downturns represent exceptions to this generalization. In most countries, however, the trend toward later retirement not only continued, it accelerated.
{"title":"Impact of the Great Recession on Retirement Trends in Industrialized Countries","authors":"Gary T. Burtless, B. Bosworth","doi":"10.2139/ssrn.2369457","DOIUrl":"https://doi.org/10.2139/ssrn.2369457","url":null,"abstract":"The Great Recession had a large impact on unemployment rates and growth in wealthy industrial countries. When the recession began most rich countries were experiencing an increase in labor force participation rates after age 60. This paper examines whether the downturn slowed or reversed the trend toward higher old-age participation rates. We use straightforward time series analysis to test for a break in labor force trends after 2007. Our results indicate that the average rate of increase in labor force participation slowed in only a handful of countries. Averaging across all 20 countries in our sample, we find that the average pace of labor force participation increase was faster after 2007 than before. Countries that experienced unusually severe downturns represent exceptions to this generalization. In most countries, however, the trend toward later retirement not only continued, it accelerated.","PeriodicalId":285024,"journal":{"name":"Unemployment Insurance eJournal","volume":"113 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2013-12-18","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"124746201","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
京公网安备 11010802042870号
京ICP备2023020795号-1
扫码关注我们
求助内容：
应助结果提醒方式：