Were cash benefits and welfare services available to the unemployed sufficient to protect them from ill-health? Recent … reappraisals have tended to magnify the influence of welfare provision. The present review draws on hitherto unexploited … concerned that unemployment relief and social services were inadequate to meet the needs of the community in 'Special Areas'. It …

the observed patterns of the fast decrease in unemployment as immigrants first find blue-collar jobs and attend training … and local language are very high, but imported skills have zero (conditional) return. Furthermore, the welfare gain from …

. Furthermore, they fail to allow for quantity rationing and to model unemployment as a catastrophic event. The macroeconomics based …

the programme) comes mainly from the impact of training on the job offer probabilities and, consequently, on unemployment …

percent of GDP generates output and unemployment multipliers respectively of about 1.2 per cent (at one year) and 0 … output multiplier whereas it can produce a realistic unemployment multiplier but only under a special parameterization …. Extending the model to strengthen the complementarity in preferences, to include unemployment benefits, real wage rigidity and …

The literature has shown that the implied welfare gains from international financial integration are very small. We … revisit the existing findings and document that welfare gains can be substantial if capital goods are not perfect substitutes … welfare gains from financial integration are equivalent to a 9% increase in consumption for the median developing country, and …

inefficiency. We analyze the effects of regulatory intervention via educating naive consumers on equilibrium prices and welfare … increase welfare; however, it may also decrease welfare if education is insufficient to alter the equilibrium information and …

. Accordingly, it provides a convenient benchmark for the evaluation of the welfare effectiveness of other well known tariff reform … sources of the potential welfare gains from tariff reform, use it to establish conditions under which some existing reforms … are locally optimal, provide geometric illustrations and compare welfare effectiveness of reforms using numerical examples …

. The consequences of demographic developments for social welfare, broadly defined, are felt over a very long term. Issues … discussed include the contribution of increases in life expectancy to social welfare; the potential effects of population growth …

as supporting evidence for the models’ assumptions. We also discuss the welfare implications of non-coordinated free …