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Alan B Krueger - One of the best experts on this subject based on the ideXlab platform.
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job search emotional well being and job finding in a period of Mass Unemployment evidence from high frequency longitudinal data
Brookings papers on economic activity (Print), 2011Co-Authors: Alan B Krueger, Andreas I MuellerAbstract:This paper presents findings from a survey of 6,025 unemployed workers who were interviewed every week for up to 24 weeks in the fall of 2009 and winter of 2010. We find that the amount of time devoted to job search declines sharply over the spell of Unemployment; we do not observe a rise in job search or job finding around the time that extended Unemployment insurance (UI) benefits expire. The workers in our survey express much dissatisfaction and unhappiness with their lives, and their unhappiness rises the longer they are unemployed. The unemployed appear to be particularly sad during episodes of job search, and they report feeling more sad during job search the longer they are unemployed. We also find that in the aftermath of the Great Recession the exit rate from Unemployment was low at all durations and declined gradually over the spell of Unemployment. Both the amount of time devoted to job search and the reservation wage help predict early exit from UI.
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job search and job finding in a period of Mass Unemployment evidence from high frequency longitudinal data
Social Science Research Network, 2011Co-Authors: Alan B Krueger, Andreas I MuellerAbstract:This paper presents findings from a survey of 6,025 unemployed workers who were interviewed every week for up to 24 weeks in the fall of 2009 and spring of 2010. Our main findings are: (1) the amount of time devoted to job search declines sharply over the spell of Unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or rejected; (3) the reservation wage is remarkably stable over the course of Unemployment for most workers, with the notable exception of workers who are over age 50 and those who had nontrivial savings at the start of the study; (4) many workers who seek full-time work will accept a part-time job that offers a wage below their reservation wage; and (5) the amount of time devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI).
Andreas I Mueller - One of the best experts on this subject based on the ideXlab platform.
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job search emotional well being and job finding in a period of Mass Unemployment evidence from high frequency longitudinal data
Brookings papers on economic activity (Print), 2011Co-Authors: Alan B Krueger, Andreas I MuellerAbstract:This paper presents findings from a survey of 6,025 unemployed workers who were interviewed every week for up to 24 weeks in the fall of 2009 and winter of 2010. We find that the amount of time devoted to job search declines sharply over the spell of Unemployment; we do not observe a rise in job search or job finding around the time that extended Unemployment insurance (UI) benefits expire. The workers in our survey express much dissatisfaction and unhappiness with their lives, and their unhappiness rises the longer they are unemployed. The unemployed appear to be particularly sad during episodes of job search, and they report feeling more sad during job search the longer they are unemployed. We also find that in the aftermath of the Great Recession the exit rate from Unemployment was low at all durations and declined gradually over the spell of Unemployment. Both the amount of time devoted to job search and the reservation wage help predict early exit from UI.
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job search and job finding in a period of Mass Unemployment evidence from high frequency longitudinal data
Social Science Research Network, 2011Co-Authors: Alan B Krueger, Andreas I MuellerAbstract:This paper presents findings from a survey of 6,025 unemployed workers who were interviewed every week for up to 24 weeks in the fall of 2009 and spring of 2010. Our main findings are: (1) the amount of time devoted to job search declines sharply over the spell of Unemployment; (2) the self-reported reservation wage predicts whether a job offer is accepted or rejected; (3) the reservation wage is remarkably stable over the course of Unemployment for most workers, with the notable exception of workers who are over age 50 and those who had nontrivial savings at the start of the study; (4) many workers who seek full-time work will accept a part-time job that offers a wage below their reservation wage; and (5) the amount of time devoted to job search and the reservation wage help predict early exits from Unemployment Insurance (UI).
Mark A Bellis - One of the best experts on this subject based on the ideXlab platform.
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health and Mass Unemployment events developing a framework for preparedness and response
Journal of Public Health, 2019Co-Authors: Alisha R Davies, Lucia Homolova, Charlotte N B Grey, Mark A BellisAbstract:Background Mass Unemployment events are not uncommon yet the impact on health is not well recognised. There is a need for a preparedness and response framework, as exists for other events that threaten population health. Methods Framework informed by a narrative review of the impact of Mass Unemployment on health (studies published in English from 1990 to 2016), and qualitative data from 23 semi-structured interviews with individuals connected to historical national and international events, addressing gaps in published literature on lessons learnt from past responses. Results Economic and employment shock triggered by Mass Unemployment events have a detrimental impact on workers, families and communities. We present a public health informed response framework which includes (i) identify areas at risk, (ii) develop an early warning system, (iii) mobilise multi-sector action including health and community, (iv) provision of support across employment, finance and health (v) proportionate to need, (vi) extend support to family members and (vii) communities and (viii) evaluate and learn. Conclusion Mass Unemployment events have an adverse impact on the health, financial and social circumstances of workers, families, and communities. This is the first framework for action to mitigate and address the detrimental impact of Mass Unemployment events on population health.
Ewan Mcgaughey - One of the best experts on this subject based on the ideXlab platform.
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a social recovery workplace democracy and security covid 19 and labour law
2021Co-Authors: Ewan McgaugheyAbstract:The COVID-19 pandemic has shown the painful consequences of poor job security and workplace democracy. The UK government’s initial flirt with ‘herd immunity’, the delay in lockdown, and the absence of a work strategy that prioritised safety after the summer, caused among the most appalling death rates in the world, worse than Trump’s America. However, a swift change in the job security policy stemmed Mass Unemployment, after initial reports of 2.1 million people claiming Unemployment benefits. The ‘Coronavirus Job Retention Scheme’ eventually meant that the Unemployment statistics (as opposed to claimant count) showed only a modest jobless rise. Comparison with the US where there are effectively no rights, and other countries with strong rights, shows that universal social security and workplace democracy are at the core of successful economic performance. This paper explains the UK’s health and safety rights, how the job retention scheme was unfurled with extension to employed and self-employed, and the connection between votes at work and employment. It shows how reality discredits the minority views of economic theorists who oppose labour rights, and suggests the legal reforms we can undertake to achieve a social recovery.
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will robots automate your job away full employment basic income and economic democracy
LawArXiv, 2019Co-Authors: Ewan McgaugheyAbstract:Will the internet, robotics and artificial intelligence mean a ‘jobless future’? A recent narrative, endorsed by prominent tech-billionaires, says we face Mass Unemployment, and we need a basic income. In contrast, this article shows why the law can achieve full employment with fair incomes, and holidays with pay. Universal human rights, including the right to ‘share in scientific advancement and its benefits’, set the proper guiding principles. Three distinct views of the causes of Unemployment are that it is a ‘natural’ phenomenon, that technology may propel it, or that it is social and legal choice: to let capital owners restrict investment in jobs. Only the third view has any credible evidence to support it. Technology may create redundancies, but Unemployment is an entirely social phenomenon. After World War Two, 42% of UK jobs were redundant but social policy maintained full employment, and it can be done again. This said, transition to new technology, when markets are left alone, can be exceedingly slow: a staggering 88% of American horses lost their jobs after the Model T Ford, but only over 45 years. Taking lessons from history, it is clear that Unemployment is driven by inequality of wealth and of votes in the economy. To uphold human rights, governments should reprogramme the law, for full employment, fair incomes and reduced working time, on a living planet. Robot owners will not automate your job away, if we defend economic democracy.
Thomas Colignatus - One of the best experts on this subject based on the ideXlab platform.
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after 35 years of Mass Unemployment an advice to boycot holland
Research Papers in Economics, 2004Co-Authors: Thomas ColignatusAbstract:Jan Tinbergen helped creating the Dutch Central Planning Bureau after 1945, and Dutch society has benefitted enormously up to this very day in 2004. The Dutch situation has also been an example to the world. But there is a down side when the CPB adopts a wrong theory and when policy becomes misguided. Economic theory is created by people, the behaviour of people can also be described by Public Choice theory, and good theory need not get properly adopted. Dutch society suffers huge problems, which problems do not exist just by themselves, but they can also be judged from the angle of the failure of co-ordination. It can be established as a fact that the directorate of the CPB has been censoring economic science for almost 15 years now, so that society is in a suboptimal state. The mechanisms in Dutch society apparently are too weak to solve this issue. The stress in Dutch society even causes the breakdown of the mechanisms that might work otherwise. That stress in Dutch society is highlighted by political landslides and political murder so unexpected of this country. With 9-11 there is the new terrorism that increases the stress in Dutch society. The censored theory originally provided a solution to Stagflation, but it can also help to resolve the social and economic problems following 9-11. The censored theory would be relevant for other nations as well. For theoretical and practical reasons the censorship must be resolved at CPB itself. Given the weak mechanisms in Dutch society to protect the integrity of science in the preparation of policy, it becomes rational to advise an international boycot of Holland. Economic sticks and carrots are strong incentives to motivate people to stop and think. An international boycot of Holland would likely induce the Dutch to restore the integrity at CPB as intended by Tinbergen.
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how a dead wrong oecd tax policy causes Mass Unemployment an explanation using data for holland 1950 1995
Social Science Research Network, 1995Co-Authors: Thomas ColignatusAbstract:Empirical observations on the Dutch economy are used to illustrate an earlier analysis that OECD tax policy creates inefficiency Unemployment. Note (A): Gross minimum wages in OECD countries appear to rise disproportionately, and they thereby cause increasing Unemployment at low productivity levels. The cause for the rise in gross minimum wages is a tax policy which happens to disregard a particular social convention. Tax exemption is annually adjusted for inflation. At the same time, social subsistence tends to rise with the general level of income. The combination causes subsistence jobs to be subjected to rising tax obligations. Due to the notion of subsistence, the tax obligation tends to be translated into rising gross wages. In 45 years the gradual process has built up to sizable proportions. The resulting Unemployment is also inefficient. Taxes below the legal gross minimum could be abolished, since people may not work below that minimum and thus don't pay taxes anyway. This means that there exists a Pareto improving solution from which all could benefit. Note (B): This point and its empirically warranted consequences have been discussed by the author elsewhere. Most notable in his work are: (1) a new economic synthesis, (2) theorems in mathematical economics on the role of information in attaining social welfare, (3) a policy analysis on the failure of the checks & balances of the present-day Trias Politica, (4) a warning for the risk of unprecedented violence in the next century, and (5) an advice of a constitutional amendment for the creation of an Economics Supreme Court, with a limited task but grounded in the scientific ethic.