Showing 1 - 10 of 44
In the dynamic game we consider, players are the members of a fixed network. Everyone is initially endowed with an information item that he is the only paper to hold. Players are offered a finite number of periods to centralize the initially dispersed items in the hands of any one member of the...
Persistent link: https://www.econbiz.de/10005012515
Degressivity of unemployment benefits is a major feature of social protection in most industrialised countries: the replacement rate (the ratio between the level of welfare benefits and the previous income) typically declines with the length of the unemployment spell. Moreover degressivity of...
Persistent link: https://www.econbiz.de/10010632873
We consider a two period model in which an incumbent political party chooses the level of a current policy variable unilaterally, but faces competition from a political opponent in the future. Both parties care about voters' payoffs, but they have different beliefs about how policy choices will...
Persistent link: https://www.econbiz.de/10010791257
There are many apparent similarities between the current political and economic situations of France and Italy. The mainstream view is that at least part of the neo-liberal strategy could be a solution to the economic problems of both variants of the European model of capitalism. However, the...
Persistent link: https://www.econbiz.de/10009359822
Applying regressions on a sample of 18 OECD countries from 1970 to 2009 using new indicators, we find that right-wing governments liberalize more the financial sector that left-wing governments. We show that if a left-wing government accepts to liberalize the financial sector, an increase of...
Persistent link: https://www.econbiz.de/10009359829
A policy proposal is to abolish the distinction between regular open-end employment contracts and fixed-term contracts and substitute a unique labour contract with a degree of employment protection increasing with tenure. A question on the desirability of the "contrat unique" was included in the...
Persistent link: https://www.econbiz.de/10010607675
This paper analyses the French political crisis since the late 1970s by investigating the links between the social structure and the economic policy expectations of the electorate. To this end, data on post-electoral survey are used to estimate structural models of political support to political...
Persistent link: https://www.econbiz.de/10010756074
The aim of this article is to analyse the consequences of some structural reforms on the institutional coherence of OECD countries, particularly Continental Europe, and on their economic performance, particularly employment. Because institutions in developed political economies are interrelated...
Persistent link: https://www.econbiz.de/10005797760
We consider the problem of finding sufficient conditions for political support of liberal, growth-enhancing policy in a quality-ladders model with heterogeneous agents differing in their endowment of wealth and skills. The policy set is two-dimensional: Agents vote for the level of...
Persistent link: https://www.econbiz.de/10010662827
The funding of social protection has strongly evolved in Bismarckian countries : whereas social protection used to rely on social contributions, since the 1990s most of the new expenditures have been funded through taxation, leading to a more balanced mix in the structure of social protection...
Persistent link: https://www.econbiz.de/10010628083