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Social and Behavioral Sciences Commons

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Economics

Selected Works

Susan N. Houseman

STC

Articles 1 - 10 of 10

Full-Text Articles in Social and Behavioral Sciences

Proposal 12: Encouraging Work Sharing To Reduce Unemployment, Katharine Abraham, Susan Houseman Feb 2015

Proposal 12: Encouraging Work Sharing To Reduce Unemployment, Katharine Abraham, Susan Houseman

Susan N. Houseman

No abstract provided.


Does Employment Protection Inhibit Labor Market Flexibility?: Lessons From Germany, France And Belgium, Katharine G. Abraham, Susan N. Houseman Feb 2015

Does Employment Protection Inhibit Labor Market Flexibility?: Lessons From Germany, France And Belgium, Katharine G. Abraham, Susan N. Houseman

Susan N. Houseman

Laws in most West European countries give workers strong job rights, including the right to advance notice of layoff and the right to severance pay or other compensation if laid off. Many of these same countries also encourage hours adjustment in lieu of layoffs by providing prorated unemployment compensation to workers on reduced hours. This paper compares the adjustment of manufacturing employment and hours in West Germany, France and Belgium, three countries with strong job security regulations and well-established short-time compensation systems, with that in the United States. Although the adjustment of employment to changes in output is much slower …


Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine G. Abraham, Susan N. Houseman Feb 2015

Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine G. Abraham, Susan N. Houseman

Susan N. Houseman

During the recent recession only 17 states offered short-time compensation (STC)—pro-rated unemployment benefits for workers whose hours are reduced for economic reasons. New federal legislation will encourage the expansion of STC. Exploiting cross-state variation in STC, we present new evidence indicating that jobs saved during the recession as a consequence of STC could have been significant in manufacturing, but that the overall scale of the STC program was generally too small to have substantially mitigated aggregate job losses in the 17 states. Expansion of the program is necessary for STC to be an effective counter-cyclical tool in the future.


Job Security In America: A Better Approach, Katharine Abraham, Susan Houseman Feb 2015

Job Security In America: A Better Approach, Katharine Abraham, Susan Houseman

Susan N. Houseman

No abstract provided.


Short-Time Compensation Is A Missing Safety Net For U.S. Economy In Recessions, Katharine G. Abraham, Susan N. Houseman Feb 2015

Short-Time Compensation Is A Missing Safety Net For U.S. Economy In Recessions, Katharine G. Abraham, Susan N. Houseman

Susan N. Houseman

No abstract provided.


External And Internal Labor Market Flexibility: An International Comparison, Susan Houseman Feb 2015

External And Internal Labor Market Flexibility: An International Comparison, Susan Houseman

Susan N. Houseman

No abstract provided.


Does Employment Protection Inhibit Labor Market Flexibility? Lessons From Germany, France, And Belgium, Katharine Abraham, Susan Houseman Feb 2015

Does Employment Protection Inhibit Labor Market Flexibility? Lessons From Germany, France, And Belgium, Katharine Abraham, Susan Houseman

Susan N. Houseman

No abstract provided.


Job Security V. Labor Market Flexibility: Is There A Tradeoff?, Susan N. Houseman Feb 2015

Job Security V. Labor Market Flexibility: Is There A Tradeoff?, Susan N. Houseman

Susan N. Houseman

No abstract provided.


Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine Abraham, Susan Houseman Feb 2015

Short-Time Compensation As A Tool To Mitigate Job Loss? Evidence On The U.S. Experience During The Recent Recession, Katharine Abraham, Susan Houseman

Susan N. Houseman

No abstract provided.


Labor Market Adjustment In Europe, Japan, And The United States, Susan N. Houseman Feb 2015

Labor Market Adjustment In Europe, Japan, And The United States, Susan N. Houseman

Susan N. Houseman

No abstract provided.