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Overvalued : Swedish monetary policy in the 1930s
Rathke, Alexander; Straumann, Tobias; Woitek, Ulrich - 2011
This paper reconsiders the role of monetary policy in Sweden's strong recovery from the Great Depression. The Riksbank …, our findings suggest that Sweden avoided the worst excesses of the depression by conducting conservative rather than … innovative monetary policy. We find that, by keeping the Swedish krona undervalued to replenish foreign reserves, Sweden …
Persistent link: https://www.econbiz.de/10009489289
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Social norms and welfare state dynamics
Lindbeck, Assar; Nyberg, Sten; Weibull, Jörg - 2003
The paper analyses the interaction between economic incentives and work norms in the context of social insurance. If the work norm is endogenous in the sense that it is weaker when the population share of beneficiaries is higher, then voters will choose less generous bene.ts than otherwise. We...
Persistent link: https://www.econbiz.de/10011507856
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An essay on welfare state dynamics
Lindbeck, Assar - 2003
The expansion of welfare-state arrangements is seen as the result of dynamic interaction between market behaviour and political behaviour, often with considerable time lags, sometimes generating either virtuous or vicious circles. Such interaction may also involve induced (endogenous) changes in...
Persistent link: https://www.econbiz.de/10011508052
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Changing tides for the welfare state : an essay
Lindbeck, Assar - 2002
It has turned out to be difficult to adjust welfare-state arrangements to new circumstances. This paper emphasizes developments in the labor market and changes in the structure and preferences of the family. The former include changes in demography, productivity growth and international linkages...
Persistent link: https://www.econbiz.de/10011408910
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Increases in risk and the welfare state
Eichner, Thomas; Wagener, Andreas - 2002
According to many observers, the world is currently getting riskier along many of its dimensions. In this paper we analyse how the welfare state, i.e., social insurance that works through redistributive taxation, should deal with this trend. We distinguish between risks that can be insured by...
Persistent link: https://www.econbiz.de/10011409382
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EU enlargement, migration, and lessons from German unification
Sinn, Hans-Werner - 1999
The paper studies the role of international implications after EU enlargement. Based on a formal model with migration costs for both capital and labor, it predicts a two-sided migration from the new to the old EU countries which is later reversed. As the migration pattern chosen by market forces...
Persistent link: https://www.econbiz.de/10009781677
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Welfare migration : is the net fiscal burden a good measure of its economic impact on the welfare of the native-born population? : comment on Munich Economic Summit, June 2004
Razin, Asaf; Tsadḳah, Efrayim - 2004
Migration of young workers (as distinct from retirees), even when driven in by the generosity of the welfare state, slows down the trend of increasing dependency ratio. But, even though low-skill migration improves the dependency ratio, it nevertheless burdens the welfare state. Recent studies...
Persistent link: https://www.econbiz.de/10011450740
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Wider boundaries : the welfare state and international remittances
Amegashie, J. Atsu; Batu, Michael - 2015
Recent theoretical work shows that precautionary savings increase in response to an increase in first-order risk. In addition, it is known that the welfare state, being an insurance or consumption-smoothing mechanism, reduces the negative welfare effect of future income uncertainty. We build a...
Persistent link: https://www.econbiz.de/10011300358
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The role of information provision for attitudes towards immigration : an experimental investigation
Bareinz, Patrick; Übelmesser, Silke - 2020
We conduct a survey experiment on the effect of information provision on attitudes towards immigration in Germany. The focus lies on two theory-based economic channels, labor market and welfare state concerns, and immigration policy preferences. Using probability-based representative survey...
Persistent link: https://www.econbiz.de/10012300269
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Refugee benefit cuts
Dustmann, Christian; Landersø, Rasmus; Andersen, Lars … - 2023
This paper analyzes the effects of Denmark's Start Aid welfare reform that targets refugees. Implemented in 2002, it enables us to study not only the reform's immediate effects, but also its longer-term consequences, and its repeal a decade later. The reform-induced large transfer cuts led to an...
Persistent link: https://www.econbiz.de/10014252304