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The Nordic countries are known for their success in combining an extensive welfare state with high labor force participation. This is explained by the origins of their welfare states that can be traced to a unique set of values and beliefs that emphasize the right of women to participate in the...
Persistent link: https://www.econbiz.de/10010956120
This paper evaluates the implications for employment, productivity and wages of allowing for more flexibility in weekly … sharing and the Full flexibility scenarios. She finds that the 2012 reform preserves employment and generates a 1.72% increase … in productivity. In the work sharing scenario, the increase in employment (1.86%) comes at the expense of a lower …
Persistent link: https://www.econbiz.de/10010956138
employment. A two-country model is used to demonstrate that the open economy dimension can enhance the ability of sticky price … from domestic goods. This causes a temporary decline in domestic employment. If the expenditure-switching effect is …
Persistent link: https://www.econbiz.de/10005083337