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unemployment may be constrained Pareto-efficient. Consequently, no reform is accepted unanimously by voters. We show that this … low rates of unemployment can be removed in the political process while high rates of unemployment tend to be politically …
Persistent link: https://www.econbiz.de/10005497795
costs of compensation that would arise under symmetric information. In this setting, unemployment may be constrained Pareto …
Persistent link: https://www.econbiz.de/10014091442
Germany's high unemployment problem and to improve the longrun sustainability of its social welfare policies. These economic …
Persistent link: https://www.econbiz.de/10010271930
Germany's high unemployment problem and to improve the longrun sustainability of its social welfare policies. These economic …
Persistent link: https://www.econbiz.de/10005763919
There is a body of literature that favors universal and unconditional public assurance policies over those that are targeted and means-tested. Two such proposalsthe basic income proposal and job guaranteesare discussed here. The paper evaluates the impact of each program on macroeconomic...
Persistent link: https://www.econbiz.de/10010266448
The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the … disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more … implement broad-based reform strategies. Our analysis suggests that major unemployment policies are characterised by economic …
Persistent link: https://www.econbiz.de/10010273118
The job guarantee is a viable policy option for tackling both unemployment and underemployment. Hyman P. Minsky was one …
Persistent link: https://www.econbiz.de/10012610209
accounts: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital … may be expected to play a substantial role in reducing unemployment, encouraging labour force participation, promoting …
Persistent link: https://www.econbiz.de/10010313982
. -- Macroeconomic Stability ; Inflation ; Unemployment ; the Environment ; Employer of Last Resort ; Basic Income Guarantee …
Persistent link: https://www.econbiz.de/10003727243
This text focuses on long-term unemployment in the German labor market caused by insufficient work skills capabilities …
Persistent link: https://www.econbiz.de/10009758843