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Labor market reforms and current account imbalances : beggar-thy-neighbor policies in a currency union?
Baas, Timo; Belke, Ansgar - 2014
Member countries of the European Monetary Union (EMU) initiated wide-ranging labor market reforms in the last decade. This process is ongoing as countries that are faced with serious labor market imbalances perceive reforms as the fastest way to restore competitiveness within a currency union....
Persistent link: https://www.econbiz.de/10010403902
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Labor market reforms and current account imbalances : beggar-thy-neighbor policies in a currency union?
Baas, Timo; Belke, Ansgar - 2014
Member countries of the European Monetary Union (EMU) initiated wideranging labor market reforms in the last decade. This process is ongoing as countries that are faced with serious labor market imbalances perceive reforms as the fastest way to restore competitiveness within a currency union....
Persistent link: https://www.econbiz.de/10010406816
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Labor market reforms and current account imbalances : beggar-thy-neighbor policies in a currency union?
Baas, Timo; Belke, Ansgar - 2014
Member countries of the European Monetary Union (EMU) initiated wide-ranging labor market reforms in the last decade. This process is ongoing as countries that are faced with serious labor market imbalances perceive reforms as the fastest way to restore competitiveness within a currency union....
Persistent link: https://www.econbiz.de/10010429757
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Counteracting Unemployment in Crises : Non-Linear Effects of Short-Time Work Policy
Gehrke, Britta - 2018
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10012920449
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Jobless Recovery is no Recovery : Prospects for the US Economy
Papadimitriou, Dimitri Basil - 2011
The US economy grew reasonably fast during the last quarter of 2010, and the general expectation is that satisfactory growth will continue in 2011-12. The expansion may, indeed, continue into 2013. But with large deficits in both the government and foreign sectors, satisfactory growth in the...
Persistent link: https://www.econbiz.de/10013128529
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Federal Unemployment Reinsurance and Local Labor-Market Policies
Ignaszak, Marek; Jung, Philip; Keuster, Keith - 2021
-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor … Monetary Union, we find notable welfare gains if the federal scheme's payouts take the member states' past unemployment level … as a reference point. Member states' control over policies other than unemployment benefits can limit generosity during …
Persistent link: https://www.econbiz.de/10013314933
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Counteracting unemployment in crises : non-linear effects of short-time work policy
Gehrke, Britta; Hochmuth, Brigitte - 2018
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty to prevent layoffs. Many OECD countries have used this policy in the Great Recession. This paper shows that the effects of short-time work are strongly time dependent and...
Persistent link: https://www.econbiz.de/10011845664
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Counteracting unemployment in crises : non-linear effects of short-time work policy
Gehrke, Britta; Hochmuth, Brigitte - 2017
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
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Federal unemployment reinsurance and local labor-market policies
Ignaszak, Marek; Jung, Philip; Küster, Keith - 2020
-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor … Monetary Union, we find notable welfare gains if the federal scheme's payouts take the member states' past unemployment level … as a reference point. Member states' control over policies other than unemployment benefits can limit generosity during …
Persistent link: https://www.econbiz.de/10012316758
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Federal unemployment reinsurance and local labor-market policies
Ignaszak, Marek; Jung, Philip; Küster, Keith - 2020 - This version: November 15, 2020
-border risk-sharing is limited, giving a role to a federal unemployment-based transfer scheme. Member states control local labor … Monetary Union, we find notable welfare gains if the federal scheme's payouts take the member states' past unemployment level … as a reference point. Member states' control over policies other than unemployment benefits can limit generosity during …
Persistent link: https://www.econbiz.de/10012319935