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effort and benefit sanctions if observed search is deemed insufficient. We find that introducing monitoring and sanctions …
Persistent link: https://www.econbiz.de/10005498018
We model how unemployment benefit sanctions - benefit reductions that are imposed if unemployed do not comply with job … benefit sanctions are more effective in reducing unemployment than an across the board reduction in the replacement rate. …
Persistent link: https://www.econbiz.de/10005067430
This Paper presents the results of an experimental study on unemployment benefit sanctions. The experimental set …-up allows us to distinguish between the effects of benefit sanctions once they are imposed (the ex post effect) and the effects … that discourage the unemployed from risking benefit sanctions (the ex ante effect). We find that both effects matter …
Persistent link: https://www.econbiz.de/10005791743
Which factors stand in the way of cooperation between countries formerly at war? We examine the role of nationalistic content of a media outlet reaching citizens of a neighboring country. We consider radio signals travelling across borders in the region that witnessed one of Europe’s deadliest...
Persistent link: https://www.econbiz.de/10011084524
Multinational enterprises are able to improve their disagreement profits by setting up foreign production facilities, with adverse consequences for negotiated wages and union utilities. In this paper, we take a new angle at this issue and analyze whether unions can improve their situation by...
Persistent link: https://www.econbiz.de/10011083484
International cooperation is generally driven by a desire to offset a negative spillover imposed by other countries or to help governments to overcome domestic political economy constraints that impede the adoption of welfare enhancing policy changes. In principle, both conditions are satisfied...
Persistent link: https://www.econbiz.de/10005067501
This paper first briefly describes the role of the WTO and its history. It then lays out a simple bargaining model of international negotiations, which can be used for understanding the Doha round of talks. This simple framework is used to distil and discuss a number of potential explanations...
Persistent link: https://www.econbiz.de/10005067675
What purpose does the European Monetary System serve? Who benefits from it? Is it a Deutschmark zone? Or could one argue that, despite the asymmetrical positions of France and Germany, the System does serve a certain collective interest? An attempt to answer these questions reveals a basic...
Persistent link: https://www.econbiz.de/10005661709
This paper analyses US–European policy interactions under different assumptions about the policy-making regime and the nature of the fiscal environment, contrasting the standard Keynesian case with an anti-Keynesian case in which government spending cuts are expansionary. When fiscal policy is...
Persistent link: https://www.econbiz.de/10005661746
This Paper provides a baseline general-equilibrium model of optimal monetary policy among interdependent economies with monopolistic firms and nominal rigidities. An inward-looking policy of complete domestic output stabilization is not optimal when firms' markups are exposed to currency...
Persistent link: https://www.econbiz.de/10005662226