The paper presents a tractable general equilibrium model of search unemployment that incorporates absence from work as a distinct labor force state. Absenteeism is driven by random shocks to the value of leisure that are private information to the workers. Firms offer wages, and possibly sick...

Temporary employment contracts allowing unrestricted dismissals were introduced in Spain in 1984 and quickly came to account for most new jobs. As a result, temporary employment increased from around 10% in the mid-eighties to more than 30% in the early nineties. In 1997, however, the Spanish...

Mit suggestiven Bildern wie der «Kostenexplosion» soll den Bürgern vermittelt werden, dass sie für ihre Gesundheit immer mehr bezahlen müssen, weil die Zahl älterer und damit pflegebedürftiger Menschen steige, der medizinische Fortschritt seinen Preis habe und ihre eigenen Ansprüche als...