Hagedorn, Marcus, Manovskii, Iourii, Mitman, Kurt, (2016), “The Impact of Unemployment Benefit Extensions on Employment: The 2014 Employment Miracle?”, Centre for Economic Policy Research, Ιανουάριος. We measure the aggregate effect of unemployment benefit duration on employment and the labor force. We exploit the variation induced by Congress’ failure in December 2013 to reauthorize the unprecedented benefit extensions introduced during the Great Recession. Federal benefit extensions that ranged from 0 to 47 weeks across …Read More

Fratesi, Ugo, Rodríguez-Pose, Andrés, (2016), “The crisis and regional employment in Europe: what role for sheltered economies?”, Centre for Economic Policy Research, Ιανουάριος. This paper examines how the evolution of employment trends in the regions of Europe since the outbreak of the crisis may have been shaped by the emergence of sheltered economies in certain regions of Europe in the pre-crisis period. The paper uses descriptive and econometric analysis to determine the relationship …Read More

Beyer, Robert C. M., (2016), “The Labor Market Performance of Immigrants in Germany”, IMF Working Paper No. 16/6, 21 Ιανουαρίου. The paper uses a large survey (GSOEP) to analyze the labor market performance of immigrants in Germany. It finds that new immigrant workers earn on average 20 percent less than native workers with otherwise identical characteristics. The gap is smaller for immigrants from advanced countries, with good German language skills, and with …Read More

Cremer, Helmuth, Roeder, Kerstin, (2016), “Social insurance with competitive insurance markets and risk misperception”, Centre for Economic Policy Research, Ιανουάριος. This paper considers an economy where individuals differ in productivity and in risk. Rochet (1991) has shown that when private insurance markets offer full coverage at fair rates, social insurance is desirable if and only if risk and productivity are negatively correlated. This condition is usually shown to be satisfied for many health risks, …Read More