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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 …
Persistent link: https://www.econbiz.de/10010272954
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 …
Persistent link: https://www.econbiz.de/10011453714
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010332009
fundamentals of the economy negatively and imply low growth and high unemployment. An empirical index is constructed. In the period …
Persistent link: https://www.econbiz.de/10010272945
In many countries, fiscal policy became strongly expansionary in order to fight the recession. Structural budget … deficits increased sharply and might remain high after the end of the recession. This would raise real interest rates and would …
Persistent link: https://www.econbiz.de/10010265251
the human capital of the unemployed-i.e. in the structure of regional unemployment-into account. Both, the skill structure … of the unemployed and the share of long-term unemployment are found to have an important impact on regional start …Does regional unemployment increase or rather decrease entrepreneurial activity? Although this question has been hotly …
Persistent link: https://www.econbiz.de/10010368137
We examine the determinants of the decision to relocate activities abroad for firms located in OECD countries. We argue that particular firm-specific features play a crucial role for the link between employment protection and relocation. Stricter employment protection laws in the current...
Persistent link: https://www.econbiz.de/10011803108
rates implied by the system of unemployment benefits and by the rules of means-tested social assistance. In addition, the … the search for an indicator for the reservation wage which can be used to explain the unemployment rate in a macroeconomic …
Persistent link: https://www.econbiz.de/10010263531
Based on a description of the German system of taxes and transfers, the incentives to work are analyzed for several groups of the labor force. The effects of the ?Hartz IV? reform (effective from 2005 onwards) on the incentives receive particular attention. It turns out that the marginal...
Persistent link: https://www.econbiz.de/10010273178
. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …
Persistent link: https://www.econbiz.de/10010277954