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The Scandinavian Model - Prospects and Challenges

Andersen, Torben M. - 2007

employment ratio, namely, demographic changes, a growth dilemma and globalization. This paper discusses how these challenges …

Persistent link: https://www.econbiz.de/10012777727

The Welfare State and the Forces of Globalization

Sinn, Hans-Werner - 2021

The emergence of the Asian tiger countries and the participation of the ex-communist countries in world trade has reduced the equilibrium price of labor in western Europe and elsewhere. However, the actual price of labor hardly reacts, because the welfare state's minimum replacement incomes are...

Persistent link: https://www.econbiz.de/10013317221

Taxing Mobile Capital and Profits : The Nordic Welfare States

Schjelderup, Guttorm - 2015

This paper discusses trends in capital taxation and the role of the corporate tax rate in a welfare state. It provides a summary of the tax competition literature with special application to capital taxation in small versus large countries. A main finding from this literature is that small...

Persistent link: https://www.econbiz.de/10013009890

Outsourcing, Unemployment and Welfare Policy

Keuschnigg, Christian; Ribi, Evelyn - 2021

The paper investigates the consequences of outsourcing of labor intensive activities to lowwage economies. This trend challenges the two basic functions of the welfare state, redistribution and social insurance when private unemployment insurance markets are missing. The main results are: (i)...

Persistent link: https://www.econbiz.de/10013316451

Exports, Unemployment and the Welfare State

Janeba, Eckhard - 2021

The paper analyzes the labor market effects of globalization when foreign market entry is costly and risky. With … cannot easily switch industries and wages are inflexible in the short run, globalization tends to increase unemployment. In … popular views about the globalization effects in the U.S. and continental Europe. The results also suggest that the welfare …

Persistent link: https://www.econbiz.de/10013317073

Financial Development and Inequality in the Global Economy

von Ehrlich, Maximilian - 2016

We build a heterogeneous-firms model with firm-specific wages and credit frictions to study the role of financial development for inequality in the global economy. If there are many small firms, better access to external funds reduces wage inequality and unemployment. In contrast, if there are...

Persistent link: https://www.econbiz.de/10012996265

Industrialisation and the Big Push in a Global Economy

Kreickemeier, Udo - 2017

whether globalization makes it easier or harder for a country to escape from a poverty trap. Our model gives a definite answer …

Persistent link: https://www.econbiz.de/10012954362

Why Do Scandinavians Work?

Andersen, Torben M. - 2010

Recent debates have suggested that taxation is very detrimental to labour force participation and employment. However, some countries - notably the Scandinavian - stand out as contradictions to this view since they have managed to sustain high labour force participation rate despite high tax...

Persistent link: https://www.econbiz.de/10013142499

Real and Nominal Wage Adjustment in Open Economies

Forslund, Anders - 2013

How are wages set in an open economy? What role is played by demand pressure, international competition, and structural factors in the labour market? How important is nominal wage rigidity and exchange rate policy for the evolution of real wages and competitiveness? To answer these questions, we...

Persistent link: https://www.econbiz.de/10012754391

The Efficiency of Educational Production : A Comparison of the Nordic Countries with Other OECD Countries

Bogetoft, Peter - 2015

Focusing in particular on upper secondary education, this paper examines whether the relatively high level of expenditure on education in the Nordic countries is matched by high output from the educational sector, both in terms of student enrolment and indicators of output quality in the form of...

Persistent link: https://www.econbiz.de/10013013696