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Income support systems, labour supply incentives and employment: Some cross-country evidence
Forslund, Anders; Fredriksson, Peter - 2009
objective is to identify policy tools that help generate sustained increases in employment in the long run. Therefore, we focus …
Persistent link: https://www.econbiz.de/10010273947
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The Swedish Youth Labor Market in Boom and Depression
Edin, Per-Anders; Forslund, Anders; Holmlund, Bertil - 1998
and education has been roughly proportional, however. The evolution of employment and unemployment does not offer much … of labor market programs on youth employment. We find that the slump in the 1990s has been associated with dramatic … increases in youth unemployment and youth participation in active labor market programs. The impact on unemployment rates by age …
Persistent link: https://www.econbiz.de/10010321785
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Does active labour market policy work? Lessons from the Swedish experiences
Calmfors, Lars; Forslund, Anders; Hemström, Maria - 2002
) have been used as a means to fight high unemployment. This paper discusses the mechanisms through which ALMPs affect (un)employment … open unemployment, but also reduced regular employment. The overall policy conclusion is that ALMPs of the scale used in … participation; (iii) subsidised employment seems to cause displacement of regular employment, whereas this appears not to be the …
Persistent link: https://www.econbiz.de/10010321096
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Labour supply incentives, income support systems and taxes in Sweden
Forslund, Anders - 2009
on as a major means of raising employment and participation in the long run. …
Persistent link: https://www.econbiz.de/10010273954
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Hoarding international reserves versus a Pigovian tax-cum-subsidy scheme: Reflections on the deleveraging crisis of 2008-9, and a cost benefit analysis
Aizenman, Joshua - 2010
In this paper we outline a Pigovian tax-cum-subsidy scheme that deals with concerns about the costs and efficacy of hoarding international reserves (IR) as a means of self-insurance against a deleveraging crisis. We overview the degree to which IR provided self-insurance to Emerging Markets...
Persistent link: https://www.econbiz.de/10010287764
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Current account patterns and national real estate markets
Aizenman, Joshua; Jinjarak, Yothin - 2008
This paper studies the association between the current account and real estate valuation across countries, subject to data availability [43 countries, of which 25 are OECD], during 1990 - 2005. We find robust and strong positive association between current account deficits and the appreciation...
Persistent link: https://www.econbiz.de/10010285300
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Fiscal fragility: what the past may say about the future
Aizenman, Joshua; Pasricha, Gurnain Kaur - 2010
The end of the great moderation has profound implications on the assessment of fiscal sustainability. The pertinent issue goes beyond the increase in stock of public debt/GDP induced by the global recession, to include the perspective that the sustainability of a given public debt/GDP depends on...
Persistent link: https://www.econbiz.de/10010287758
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Managing financial integration and capital mobility: Policy lessons from the past two decades
Aizenman, Joshua; Pinto, Brian - 2011
The accumulated experience of emerging markets over the last two decades has laid bare the tenuous links between external financial integration and faster growth on the one hand and the proclivity of such integration to fuel costly crises on the other. These crises have not gone without...
Persistent link: https://www.econbiz.de/10010287769
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Managing financial integration and capital mobility: Policy lessons from the past two decades
Aizenman, Joshua; Pinto, Brian - 2011
The accumulated experience of emerging markets over the last two decades has laid bare the tenuous links between external financial integration and faster growth on the one hand and the proclivity of such integration to fuel costly crises on the other. These crises have not gone without...
Persistent link: https://www.econbiz.de/10010288154
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Net fiscal stimulus during the great recession
Aizenman, Joshua; Pasricha, Gurnain Kaur - 2011
This paper studies the patterns of fiscal stimuli in the OECD countries propagated by the global crisis. Overall, we find that the USA net fiscal stimulus was modest relative to peers, despite it being the epicenter of the crisis, and having access to relatively cheap funding of its twin...
Persistent link: https://www.econbiz.de/10010288157