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Getting People into Work: What (if Anything) Can Justify Mandatory Activation of Welfare Recipients?

Molander, Anders; Torsvik, Gaute - CESifo - 2013

So-called activation policies aiming at bringing jobless people into work have been a central component of welfare reforms across OECD countries during the last decades. Such policies combine restrictive and enabling programs, but their characteristic feature is that also enabling programs are...

Persistent link: https://www.econbiz.de/10010877660

How to Avoid a Pension Crisis: A Question of Intelligent System Design

Cigno, Alessandro - CESifo - 2009

Conventional pension systems suffer from a design defect which makes them financially unsustainable, and a source of inefficiency for the economy as a whole. The paper outlines a second-best policy which includes a public pension system made up of two parallel schemes, a Bismarckian one allowing...

Persistent link: https://www.econbiz.de/10005051548

Productivity as if Space Mattered: An Application to Factor Markets Across China

Cheng, Wenya; Morrow, John; Tacharoen, Kitjawat - CESifo - 2013

results quantify the role of regional factor markets in firm productivity and location. Considering modern China as a large …

Persistent link: https://www.econbiz.de/10010877649

Productivity Response to a Contract Change

Jayaraman, Rajshri; Ray, Debraj; Véricourt, Francis de - CESifo - 2014

This paper studies the productivity impact of a contract change for tea pluckers in an Indian plantation. The contract …

Persistent link: https://www.econbiz.de/10010877659

The Real Exchange Rate in the Long Run: Balassa-Samuelson Effects Reconsidered

Bordo, Michael D.; Choudhri, Ehsan U.; Fazio, Giorgio; … - CESifo - 2014

Historical data for over hundred years and 14 countries is used to estimate the long-run effect of productivity on the … real exchange rate. We find large variations in the productivity effect across four distinct monetary regimes in the sample … argue that changes in trade costs over time may affect the impact of productivity on the real exchange rate over time. We …

Persistent link: https://www.econbiz.de/10010877817

Firm Performance and Trade with Low-Income Countries: Evidence from China

Schmerer, Hans-Jörg; Wang, Luhang - CESifo - 2014

evidence for sequential sorting into different export-modes according to firm productivity: i) only the most productive firms …

Persistent link: https://www.econbiz.de/10010888447

Employment Protection and the Market for Innovations

Bastgen, Andreas; Holzner, Christian - CESifo - 2015

in order to restore their productivity. To do so we develop an equilibrium matching model with an imperfect labor and … estimated negative impact of wrongful dismissal laws in the US on productivity and the positive effect on the number of …

Persistent link: https://www.econbiz.de/10011210787

Temporary Employment, Job Flows and Productivity: A Tale of two Reforms

Cappellari, Lorenzo; Dell'Aringa, Carlo; Leonardi, Marco - CESifo - 2011

productivity-enhancing effect. The reform of fixed-term contracts instead did not produce the intended results: it induced a … substitution of temporary employees in favour of permanent ones and reduced capital intensity, generating productivity losses. We …

Persistent link: https://www.econbiz.de/10009221556

Does China Still Have a Labor Cost Advantage?

Ceglowski, Janet; Golub, Stephen - CESifo - 2011

In recent years wages in China have been rising and the yuan has appreciated, potentially eroding China’s cost advantage in manufactures. This paper explores the evolution of China’s relative unit labor costs in manufacturing over 1998-2009. Between 1998 and 2003 China’s unit labor costs...

Persistent link: https://www.econbiz.de/10009323303

Nominal and Real Exchange Rate Models in South Africa: How Robust are they?

Egert, Balazs - CESifo - 2012

This paper addresses difficulties in modelling exchange rates in South Africa. Real exchange rate models of earlier research seem to be sensitive to the sample period considered, alternative variable definition, data frequency and estimation methods. Alternative exchange rate models proposed in...

Persistent link: https://www.econbiz.de/10010554826