people’s employment incentives and could achieve reductions in unemployment without reducing the level of support to the …We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced …

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

falls in the trend employment-population ratio. The recent shift in the Beveridge Curve during the Great Recession is …

This paper examines the labour market matching process by distinguishing its two component stages: the contact stage … responding to heterogeneous variations in the characteristics of workers and jobs. Matches and separations are described through …

full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two … important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We … consider measures involving targeting workers with low incomes/abilities and targeting the unemployed. To make our analysis …

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating … income and employment may be interdependent for various important reasons. For example, the more employment policies … stimulate the employment rate, the greater the length of time over which workers use the human capital generated by training …

heterogeneous variations in the characteristics of workers and jobs, and firms face adjustment costs in responding to these …

We explore the far-reaching implications of low-wage subsidies on skill formation, aggregate employment and welfare …. Low-wage subsidies have three important effects. First, they promote employment of low-skilled workers (who tend to be the … reduce the incentive to become skilled. So they increase the low-skilled labor force which faces a relatively low employment …