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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

Do unemployment benefits increase unemployment? New evidence on an old question

Fredriksson, Peter; Söderström, Martin - 2008

We examine the relationship between unemployment benefits and unemployment using Swedish regional data. To estimate the … effect of an increase in unemployment insurance (UI) on unemployment we exploit the ceiling on UI benefits. The benefit … find fairly robust evidence suggesting that the actual generosity of UI does matter for regional unemployment. Increases in …

Persistent link: https://www.econbiz.de/10010273916

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

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

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

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

Managing financial integration and capital mobility: Policy lessons from the past two decades

Aizenman, Joshua; Pinto, Brian - 2011

Persistent link: https://www.econbiz.de/10010288154

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

Fiscal fragility: What the past says 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 obvious increase in the stock of public debt/GDP induced by the global recession, to include the neglected perspective that the vulnerabilities associated...

Persistent link: https://www.econbiz.de/10010288164

Employment, Mobility, and Active Labor Market Programs

Fredriksson, Peter; Johansson, Per - 2003

Using a unique micro panel data set we investigate whether active labor market programs improve employment prospects …

Persistent link: https://www.econbiz.de/10010321597