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Does active labour market policy work? Lessons from the Swedish experiences
Calmfors, Lars; Forslund, Anders; Hemström, Maria - Institutet för Arbetsmarknads- och Utbildningspolitisk … - 2002
) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in …. There should be a greater emphasis on holding down long-term unemployment in general and a smaller emphasis on youth …
Persistent link: https://www.econbiz.de/10005651865
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Income support systems, labour supply incentives and employment – some cross-country evidence
Forslund, Anders; Fredriksson, Peter - Institutet för Arbetsmarknads- och Utbildningspolitisk … - 2009
This paper summarizes a set of expert reports commissioned by the IFAU. The expert reports cover Estonia, Germany, Italy, the Netherlands, Sweden, and the United Kingdom. These countries represent range of welfare states, both in terms of scope and design. And in each country there are...
Persistent link: https://www.econbiz.de/10008502566
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Labour supply incentives, income support systems and taxes in Sweden
Forslund, Anders - Institutet för Arbetsmarknads- och Utbildningspolitisk … - 2009
Comparing Sweden to other EU countries, labour force participation rates of older individuals and females are high. These facts are consistent with the idea that institutional design matters: access to child care, paid parental leave, and a tax system with individual rather than household income...
Persistent link: https://www.econbiz.de/10008502572
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Intertwined real and monetary stochastic business cycles
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2012
There is no such thing as a real economy. The task, therefore, is to consistently reconstruct the fluctuations of employment and output from the interactions of real and nominal variables. The present paper does exactly this. No nonempirical concepts like utility, equilibrium, rationality,...
Persistent link: https://www.econbiz.de/10011259544
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The Truly General Theory of Employment: How Keynes Could Have Succeeded
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2014
There is not much use to attack standard economics because deep in his heart the representative economist long knows that he is tied to a degenerating research program. The problem is, rather, that it seems to be exceedingly difficult to build up a convincing alternative. Keynes, for one, tried...
Persistent link: https://www.econbiz.de/10011259647
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Taxes, profits, and employment: a structural axiomatic analysis
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2012
Standard economics is regarded as the theory of the market system. Profit is the pivotal phenomenon of this system. Contrary to expectations, though, profit is neither well defined not fully understood. The frailty of the theoretical core is passed on to the subfields. This paper provides a...
Persistent link: https://www.econbiz.de/10011260990
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Keynes’s missing axioms
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
Between Keynes’s verbalized theory and its formal basis persists a lacuna. The conceptual groundwork is too small and not general. The quest for a comprehensive formal basis is guided by the question: what is the minimum set of foundational propositions for a consistent reconstruction of the...
Persistent link: https://www.econbiz.de/10009220654
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Unemployment out of nowhere
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
Unemployment is usually explained with reference to the equilibrium of supply and demand in the labour market. This …
Persistent link: https://www.econbiz.de/10009223360
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Increasing returns and stability
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
Increasing returns are an incontrovertible fact since Adam Smith hailed them as the very originators of wealth, yet they play havoc with general equilibrium. They fit, in marked contrast, nicely into the structural axiomatic framework. This indicates that it is worthwhile to replace the...
Persistent link: https://www.econbiz.de/10009278289
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Unemployment out of nowhere – a structural axiomatic analysis of objective determinants
Kakarot-Handtke, Egmont - Volkswirtschaftliche Fakultät, … - 2011
Unemployment is usually explained with reference to the equilibrium of supply and demand in the labour market. This …
Persistent link: https://www.econbiz.de/10009207081