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Anatomy of Policy Complementarities
Orszag, J. Michael; Snower, Dennis J. - Institute for the Study of Labor (IZA) - 1999
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...
Persistent link: https://www.econbiz.de/10005763705
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Does Short-Time Work Save Jobs? A Business Cycle Analysis
Balleer, Almut; Gehrke, Britta; Lechthaler, Wolfgang; … - Institute for the Study of Labor (IZA) - 2013
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10011188129
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Generational Accounting as a Tool to Assess Fiscal Sustainability: An Overview of the Methodology
Bonin, Holger; Patxot, Concepció - Institute for the Study of Labor (IZA) - 2004
The paper surveys the methodology of generational accounting, a tool for gauging intertemporal imbalance in government finances facing demographic transition. Starting from the fiscal balance rule providing the theoretical background, we review the methods of generational accountants for...
Persistent link: https://www.econbiz.de/10005822088
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Recovery Performance of Primary Agriculture Credit Societies in India: An Assessment
Mazumder, Rabin; Chakravarty, Chandrasekhar; Bhandari, … - Institute for the Study of Labor (IZA) - 2014
Agricultural credit is one of the most crucial inputs in all agricultural development programmes. Access of rural … credit has still remained scarce in India. Primary Agriculture Credit Societies (PACS) working at grass-root level, having … institution. The present study examines the recovery performance of rural credit given by PACS in six different regions of India …
Persistent link: https://www.econbiz.de/10011100176
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How Are Firms Affected by the Crisis and How Do They React?
Westergård-Nielsen, Niels C.; Neamtu, Ioana - Institute for the Study of Labor (IZA) - 2012
to survive the crisis. The first phase of the recession led to the largest loss of jobs since the oil crisis in Denmark … role of access to credit in creating and destroying jobs. The paper is based on a survey run on all Danish firms with more …
Persistent link: https://www.econbiz.de/10010670826
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Automatic Stabilizers, Economic Crisis and Income Distribution in Europe
Dolls, Mathias; Fuest, Clemens; Peichl, Andreas - Institute for the Study of Labor (IZA) - 2010
levels against losses in current income caused by economic downturns like the present financial crisis. We use a multi …
Persistent link: https://www.econbiz.de/10008506088
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Can Economic Crises Be Good for Your Diet?
Dimova, Ralitza; Gang, Ira N.; Gbakou, Monnet Benoit Patrick - Institute for the Study of Labor (IZA) - 2011
With fortuitously timed data – collected before, during and after a major macro-financial crisis in Bulgaria – we … crisis and changing relative prices and the changing responsiveness of different groups of people to these incomes and prices …
Persistent link: https://www.econbiz.de/10008922962
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Does the Calculation Hold? The Fiscal Balance of Migration to Denmark and Germany
Hinte, Holger; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2014
Calculating the net fiscal effects of immigration not just for a fiscal year but over the lifespan of immigrant cohorts accentuates the assets and deficits in migration and integration policies and their long-term potential. The less national policies concentrate on a labor migrant selection...
Persistent link: https://www.econbiz.de/10010884400
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Fiscal Policy, Sovereign Default, and Bailouts
Juessen, Falko; Schabert, Andreas - Institute for the Study of Labor (IZA) - 2013
This paper examines fiscal policy without commitment and the effects of conditional bailout loans. The government relies on distortionary taxation and decides between full debt repayment and costly default. It tends to overborrow due to myopia, which induces default to be a relevant policy...
Persistent link: https://www.econbiz.de/10010884292
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Some Thoughts on Macroeconomic Fluctuations and the Timing of Labor Market Reform
Saint-Paul, Gilles - Institute for the Study of Labor (IZA) - 2002
In this paper, I analyze the pros and cons of implementing structural reforms of the labor market in booms vs. recessions, in light of considerations of social efficiency, political viability, and macroeconomic fine tuning. While the optimal timing of a reform depends on the relative importance...
Persistent link: https://www.econbiz.de/10005761804