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Well-being effects of a major negative externality: The case of Fukushima
Rehdanz, Katrin; Welsch, Heinz; Narita, Daiju; Okubo, … - Institut für Weltwirtschaft (IfW) - 2013
Following a major earthquake off the Pacific coast of Japan, a tsunami disabled the power supply and cooling of three reactors in Fukushima, causing a major nuclear accident on 11 March 2011. Based on a quasi-experimental difference-in-differences approach we use panel data for 5,979 individuals...
Persistent link: https://www.econbiz.de/10010887000
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Reduction of income inequality and subjective well-being in Europe
Hajdu, Tamás; Hajdu, Gábor - Institut für Weltwirtschaft (IfW) - 2014
Using four waves of the European Social Survey (179,273 individuals from 29 countries) the authors analyze the association of reduction of income inequality (redistribution) with subjective wellbeing. Their results provide evidence that people in Europe are negatively affected by income...
Persistent link: https://www.econbiz.de/10010983176
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Unemployment in the European Union: A dynamic reappraisal
Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2003
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 …
Persistent link: https://www.econbiz.de/10010955891
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An Incentive Theory of Matching
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2010
This paper examines the labour market matching process by distinguishing its two component stages: the contact stage, in which job searchers make contact with employers and the selection stage, in which they decide whether to match. We construct a theoretical model explaining two-sided selection...
Persistent link: https://www.econbiz.de/10010955922
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Reducing severance costs or subsidizing permanent job creation: Which policy is more effective to reduce duality?
Osuna, Victoria - Institut für Weltwirtschaft (IfW) - 2015
This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and Osuna (2014) to study the effectiveness of subsidizing permanent job creation as a strategy to reduce labour market segmentation between permanent and temporary contracts. The...
Persistent link: https://www.econbiz.de/10011262996
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Incentives and Complementarities of Flexicurity
Brown, Alessio J. G.; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009
renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …
Persistent link: https://www.econbiz.de/10005079106
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Comparing the Effectiveness of Employment Subsidies
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2006
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...
Persistent link: https://www.econbiz.de/10005755178
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The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist?
Christensen, Björn - Institut für Weltwirtschaft (IfW) - 2001
characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …
Persistent link: https://www.econbiz.de/10005755186
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Unemployment Accounts and Employment Incentives
Brown, Alessio J. G.; Orszag, J. Michael; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2006
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 … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …
Persistent link: https://www.econbiz.de/10005755198
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Interactions between Employment and Training Policies
Oskamp, Frank; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 2007
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...
Persistent link: https://www.econbiz.de/10005755249