We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …

We present a proposal for reforming unemployment assistance in Germany through the introduction of unemployment … accounts (UAs). Instead of paying taxes that finance the unemployment assistance, employed people make ongoing contributions to … their UAs and can make withdrawals from these accounts during periods of unemployment. The aim of this policy proposal is to …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

This paper explores the optimal design of subsidies for hiring unemployed workers (?employment vouchers? for short) in … employment and unemployment, the analysis shows how the optimal policy depends on the rates of hiring and firing, and on the … unemployment benefits in optimal policy design. We calibrate the model and evaluate the effectiveness of employment vouchers in …

renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …