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Do Europe's Minimum Income Schemes Provide Adequate Shelter against the Economic Crisis and How, If at All, Have Governments Responded?

Marchal, Sarah; Marx, Ive; Van Mechelen, Natascha - Institute for the Study of Labor (IZA) - 2011

The present economic crisis comes against the background of decades of policy changes that have generally weakened the capacity of social safety nets to offer citizens with adequate resources for financial survival when labour markets fail to do so. Building on data for 24 European Union...

Persistent link: https://www.econbiz.de/10009416941

Does Institutional Diversity Account for Pay Rules in Germany and Belgium?

Kampelmann, Stephan; Rycx, Francois - Institute for the Study of Labor (IZA) - 2011

) higher overall pay inequality in Germany; (II) higher pay inequalities between employees and workers in Belgium; and (III …) higher (lower) impact of educational credentials (work-post tenure) on earnings in Germany. We provide survey-based empirical … institutional details: although Germany and Belgium belong to the same "variety of capitalism", we provide evidence that small …

Persistent link: https://www.econbiz.de/10009325420

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

Denmark and Germany showcased in this paper – may still result in substantially different economic outcomes of migration …

Persistent link: https://www.econbiz.de/10010884400

Instability of the Eurozone? On Monetary Policy, House Prices and Labor Market Reforms

Belke, Ansgar; Gros, Daniel - Institute for the Study of Labor (IZA) - 2007

comes from what promises to be a long-term divergence between Germany and Italy, which for the time being was offset by …

Persistent link: https://www.econbiz.de/10005703561

Did Political Constraints Bind During Transition? Evidence from Czech Elections 1990-2002

Doyle, Orla; Walsh, Patrick Paul - Institute for the Study of Labor (IZA) - 2005

Many theoretical models of transition are driven by the assumption that economic decision making is subject to political constraints. In this paper we empirically test whether the winners and losers of economic reform determined voting behaviour in the first five national elections in the Czech...

Persistent link: https://www.econbiz.de/10005822490

Redistributive Taxation and Personal Bankruptcy in US States

Grant, Charles; Koeniger, Winfried - Institute for the Study of Labor (IZA) - 2005

Both personal bankruptcy and redistributive taxes can insure households’ consumption risk and both vary considerably across US states. We derive sufficient conditions under which more redistributive taxation makes bankruptcy exemptions less attractive both for the intratemporal insurance and...

Persistent link: https://www.econbiz.de/10005822652

Structural Reforms and the Exchange Rate Regime: A Panel Analysis for the World versus OECD Countries

Belke, Ansgar; Herz, Bernhard; Vogel, Lukas - Institute for the Study of Labor (IZA) - 2005

We test the significance of the relationship between the exchange rate regime and the degree of structural reforms by estimating panel regressions for a world and an OECD country sample. The empirical results suggest a positive correlation between on the one side the adoption of an exchange rate...

Persistent link: https://www.econbiz.de/10005762403

Turning a Blind Eye: Costly Enforcement, Credible Commitment and Minimum Wage Laws

Basu, Arnab; Chau, Nancy H.; Kanbur, Ravi - Institute for the Study of Labor (IZA) - 2007

In many countries, non-compliance with minimum wage legislation is widespread, and authorities may be seen as having turned a blind eye to a legislation that they have themselves passed. But if enforcement is imperfect, how effective can a minimum wage be? And if non-compliance is widespread,...

Persistent link: https://www.econbiz.de/10005763455

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

Optimal Price Indices for Targeting Inflation under Incomplete Markets

Anand, Rahul; Prasad, Eswar - Institute for the Study of Labor (IZA) - 2010

In models with complete markets, targeting core inflation enables monetary policy to maximize welfare by replicating the flexible price equilibrium. In this paper, we develop a two-sector two-good closed economy new Keynesian model to study the optimal choice of price index in markets with...

Persistent link: https://www.econbiz.de/10008531751

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