This paper addresses the role of independent insurance intermediaries in markets where matching is important. A controversial matter in the discussion concerning insurance intermediation is the issue of compensation customs and how the latter affect prices, rents and advice quality in insurance...

Some scholars of social policy claim that the traditional post war Keynesian Welfare State has been transformed towards a Schumpeterian Workfare State (Jessop 1994, Tor-fing 1999a). Others conceptualise welfare state reform as transformation towards an Enabling (Gilbert/Gilbert 1989), Activating...

The goal of this first report of the 'Benchmarking Employment Offices - Nordic and Other European Comparisons (acronym BEO) is an analytical comparison of the Danish, Finnish and Swedish labour market policy principles and structures primarily from a practical point of view. The purpose is to...

Job rotation as an important element of labour market policy has only a rather short tradition in most Member States of the European Union, except in the scandinavian countries. The transnational partnership job rotation was founded at the end of 1995 and financing for job rotation projects came...

This paper presents a model yielding testable implications concerning the long-run co-movements of real exchange rates, relative productivity, the trade balance and terms of trade. Countries with higher productivity, trade deficits or improved terms of trade are found to have more appreciated...

Randomized experiments provide policy relevant treatment effects if there areno spillovers between participants and nonparticipants. We show that thisassumption is violated for a Danish activation program for unemployed workers.Using a difference-in-difference model we show that the...

Voluntary public unemployment systems are limited to a handful of countries, including Finland, Sweden, and, more substantially, Denmark. A voluntary system has the positive feature of other user-cost schemes, potentially efficient targeting of services. This presumes rational behavior as well...

A major labour market challenge following the Great Recession is to avoid an increase in long-term unemployment and thus the structural unemployment rate. Active labour market policies may play an important role in this respect. We consider these issues with outset in Denmark which is a country...