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Layoff Taxes, Unemployment Insurance, and Business Cycle Fluctuations

Ahrens, Steffen; Nejati, Nooshin; Pfeiffer, Philipp L. - Institut für Weltwirtschaft (IfW) - 2015

This paper studies the role of labor market institutions in business cycle fluctuations. We develop a DSGE model with search and matching frictions and incorporate a US unemployment insurance experience rating system. Layoff taxes based on experience rating finance the cost of unemployment...

Persistent link: https://www.econbiz.de/10011162484

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

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 accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

Persistent link: https://www.econbiz.de/10005755198

Alternative Systeme der Arbeitslosenversicherung, Das Beispiel der Vereinigten Staaten und des Vereinigten Königreichs

Glismann, Hans H.; Schrader, Klaus - Institut für Weltwirtschaft (IfW) - 2001

Im Rahmen eines Vergleichs der amerikanischen und britischen Systeme der Arbeitslosenversicherung wird gezeigt, daß das … Arbeitslosenversicherung und der Höhe der Freisetzung von Arbeitskräften aufweist ("experience rating"). Im Vereinigten Königreich gibt es … keine Arbeitslosenversicherung im herkömmlichen Sinne: Die Einkommenssicherung bei Arbeitslosigkeit erfolgt durch die …

Persistent link: https://www.econbiz.de/10005700634

Incentives and Complementarities of Flexicurity

Brown, Alessio J. G.; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2009

This paper analyses how and to which degree the Danish flexicurity concept and its various elements achieve the renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a microfounded model of searching workers and firms, calibrate...

Persistent link: https://www.econbiz.de/10005079106

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

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

Selective Hiring and Welfare Analysis in Labor Market Models

Merkl, Christian; Rens, Thijs van - Institut für Weltwirtschaft (IfW) - 2012

Firms select not only how many, but also which workers to hire. Yet, in standard search models of the labor market, all workers have the same probability of being hired. We argue that selective hiring crucially affects welfare analysis. Our model is isomorphic to a search model under random...

Persistent link: https://www.econbiz.de/10009421565

Optimal Monetary Policy in Response to Shifts in the Beveridge Curve

Mileva, Mariya - Institut für Weltwirtschaft (IfW) - 2013

I build a dynamic stochastic general equilibrium model with search and matching frictions in the labor market and analyze the optimal monetary policy response to an outward shift in the Beveridge curve. The results cover several cases depending on the reason for the shift. If the shift is due to...

Persistent link: https://www.econbiz.de/10010886998

Expanding the welfare system : a proposal for reform

Orszag, Jonathan Michael; Snower, Dennis J. - Institut für Weltwirtschaft (IfW) - 1998

The proposal involves the establishment of ?welfare accounts? for every person in a country. There are to be four accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital account (covering education and training), and a health...

Persistent link: https://www.econbiz.de/10010955894