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Unemployment accounts and employment incentives

Brown, Alessio J. G. (contributor); … - 2006

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...

Persistent link: https://www.econbiz.de/10003313858

Comparing the effectiveness of employment subsidies

Brown, Alessio J. G. (contributor); … - 2006

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...

Persistent link: https://www.econbiz.de/10003384689

Comparing the effectiveness of employment subsidies

Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis J. - 2010 - October 2010 (this final and revised version)

Persistent link: https://www.econbiz.de/10011451838

Incentives and complementarities of flexicurity

Brown, Alessio J. G.; Snower, Dennis J. - 2009

microfounded model of searching workers and firms, calibrate it to Germany and perform the policy experiment of implementing the … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality … Germany - the reduction of unemployment effect is nearly 40% greater when the policies are implemented in conjunction than in …

Persistent link: https://www.econbiz.de/10003850634

Beschäftigungskonten für Deutschland

Boss, Alfred (contributor); Brown, Alessio J. G. (contributor) - 2007

We present a proposal for reforming unemployment assistance in Germany through the introduction of unemployment … of how such a system of UAs can be designed and implemented in Germany. To make the influence of UAs as transparent as …

Persistent link: https://www.econbiz.de/10003481660

Beschäftigungskonten für Deutschland

Boss, Alfred; Brown, Alessio J. G.; Snower, Dennis J. - 2007 - December 2007 (this revised version)

Wir präsentieren einen Vorschlag für die Neuausrichtung der Arbeitslosenunterstützung in Deutschland: die Einführung …. Wir stellen detailliert dar, wie ein solches System von Beschäftigungskonten in Deutschland ausgestaltet und implementiert …We present a proposal for reforming unemployment assistance in Germany through the introduction of unemployment …

Persistent link: https://www.econbiz.de/10011451872

Price Setting with Menu Cost for Multi-Product Firms

Alvarez, Fernando - 2012

We model the decisions of a multi-product firm that faces a fixed "menu" cost: once it is paid, the firm can adjust the price of all its products. We characterize analytically the steady state firm's decisions in terms of the structural parameters: the variability of the flexible prices, the...

Persistent link: https://www.econbiz.de/10013108604

Small and Large Price Changes and the Propagation of Monetary Shocks

Alvarez, Fernando - 2014

We document the presence of both small and large price changes in individual price records from the CPI in France and the US. After correcting for measurement error and cross-section heterogeneity, the size-distribution of price changes has a positive excess kurtosis. We propose an analytical...

Persistent link: https://www.econbiz.de/10013053475

Monetary Shocks in Models with Inattentive Producers

Alvarez, Fernando - 2015

We study models where prices respond slowly to shocks because firms are rationally inattentive. Producers must pay a cost to observe the determinants of the current profit maximizing price, and hence observe them infrequently. To generate large real effects of monetary shocks in such a model the...

Persistent link: https://www.econbiz.de/10013031012