Narrow search
Showing 1 - 10 of 125
Cover Image
Are the Spanish Long-Term Unemployed Unemployable?
Bentolila, Samuel; García-Pérez, J. Ignacio; Jansen, … - 2017
Long-term unemployment reached unprecedented levels in Spain in the wake of the Great Recession and it still affects around 57% of the unemployed. We document the sources that contributed to the rise in long-term unemployment and analyze its persistence using state-of-the-art duration models. We...
Persistent link: https://www.econbiz.de/10011615893
Cover Image
Why forcing people to save for retirement may backfire
Buetler, Monika; Huguenin, Olivia; Teppa, Federica - 2005
If individuals are unable or unwilling to borrow, a higher than desired second pillar pension capital may induce people to retire earlier than they would have in the absence of such a scheme. Individuals thus leave the workforce as soon as the retirement income is deemed sufficient and the...
Persistent link: https://www.econbiz.de/10010261184
Cover Image
Government deficits in the European Union : an analysis of entry and exit dynamics
Bayar, Ali; Smeets, Bram - 2009
The extent of government deficits and debt has been one of the most debated issues in recent years. However, much less has been contributed about their dynamics. Yet, the issue of entering into and exiting from excessive deficits is critical in the Economic and Monetary Union since the Stability...
Persistent link: https://www.econbiz.de/10010266021
Cover Image
Entry and Exit Dynamics of 'Excessive Deficits' in the European Union
Bayar, Ali - 1999
The extent of government deficits and debt has been one of the most debated issues in recent years. However, very little has been contributed about their dynamics . Yet, the issue of entering into and exiting from excessive deficits will be critical in the European monetary union since the...
Persistent link: https://www.econbiz.de/10010314884
Cover Image
Price vs. Quantity Competition in a Vertically Related Market Revisited
Basak, Debasmita; Mukherjee, Arijit - 2016
Letters, 124: 122-126) show that in a vertically related market Cournot competition yields higher social welfare compared to … of input they purchase. We show that the welfare ranking may be reversed once we introduce a nonnegativity constraint on …
Persistent link: https://www.econbiz.de/10011584921
Cover Image
Tax Evasion in a Cournot Oligopoly with Endogenous Entry
Goerke, Laszlo - 2016
the excessive entry prediction. Tax evasion raises the number of firms in market equilibrium and can alter their welfare … the direct welfare consequences of tax evasion and the relationship between evasion and the tax base. We also determine … conditions which imply that overall welfare declines with tax evasion. …
Persistent link: https://www.econbiz.de/10011584938
Cover Image
The Effect of Tax Havens on Host Country Welfare
Gresik, Thomas; Schindler, Dirk; Schjelderup, Guttorm - 2015
internal debt, a number of developing countries do not. In this paper, we analyze the effect on FDI and host country welfare of … limits facilitates more aggressive transfer pricing and results in lower host country welfare. …
Persistent link: https://www.econbiz.de/10010531792
Cover Image
The Cost of Well-being
Pettini, Anna; Patrizii, Vincenzo; Resce, Giuliano - 2015
Since measures of well-being are meant to be an exercise in documentation, but also a tool for policies and priorities, we suggest an operative way to use them. We evaluate both technical and social efficiency of countries in producing the Better Life Index (BLI) objectives. To assess the...
Persistent link: https://www.econbiz.de/10011307128
Cover Image
Top Incomes, Rising Inequality, and Welfare
Lansing, Kevin J.; Markiewicz, Agnieszka - 2015
variables over the period 1970 to 2013. For the baseline simulation, the welfare gain for capital owners is 3.7% of per …-period consumption while workers suffer a welfare loss of 1.4%. Using counterfactual simulations, we find that both groups could have …
Persistent link: https://www.econbiz.de/10011388197
Cover Image
Back to Keynes?
van der Ploeg, Frederick - 2005
After a brief review of classical, Keynesian, New Classical and New Keynesian theories of macroeconomic policy, we assess whether New Keynesian Economics captures the quintessential features stressed by J.M. Keynes. Particular attention is paid to Keynesian features omitted in New Keynesian...
Persistent link: https://www.econbiz.de/10010261154