The system of unemployment benefits and subsistence benefits in Slovakia has potentially largedisincentive effects with respect to the outflow from unemployment to a job. Especially low educatedunemployed and unemployed with young children are often faced with replacement ratios which areclose...

Is working more than monetary income? This paper attempts to give an answer to this question on the basis of the German Socio-economic Panel data set. By comparing the satisfaction with life between workers and non-workers with the same household income, the monetary value of participating in...

In this paper we investigate experimentally the functioning of a wage tax financed unemployment benefit system on the development of the budget deficit, unemployment, and some other indicators of economic performance in an international economy. We find support for the hypothesis that...