programme when they take into account that workfare is a condition for remaining eligible for unemployment benefits. This … outside option becomes less attractive. Introduction of workfare policies into an unemployment insurance scheme is shown to … contribute to a reduction in both open and total unemployment. It is also shown that the direct search effects of workfare …

This paper presents a theoretical framework analysing the signalling channel of exchange rate interventions as an … theoretical premise of the model is that interventions convey signals that communicate information about the exchange rate … objectives of central bank. The model is used to analyse the impact of Japanese FX interventions during the period 1999 -2011 on …

Finland’s state-enterprise sector has been larger than in most countries and included several manufacturing companies …

age 25 for East and West German youths: non-employment (i.e., unemployment or out of the labor force), permanent fulltime …

changes. While employment and welfare increase in most countries, some experience higher unemployment and lower welfare. Labor …