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Fiscal multipliers and the labour market in the open economy

Faia, Ester; Lechthaler, Wolfgang; Merkl, Christian - 2010

Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...

Persistent link: https://www.econbiz.de/10003932607

Western Balkans : Increasing Women's Role in the Economy

Atoyan, Ruben - 2018

The Western Balkan countries have some of the lowest female labor force participation and employment rates across … participation of women in the labor force. However, these measures are not enough to notably improve employability of women, which …

Persistent link: https://www.econbiz.de/10012927462

Working Time Reduction, Labour Cost, Employment and Inequality - A Review

Gilles, Fabrice - 2008

Following an old economic literature dealing with work sharing, the aim of this paper is to review the theoretical effects on unemployment and inequality we may expect from a working time reduction (WTR). To do so, we begin considering labour demand models and we go through general equilibrium...

Persistent link: https://www.econbiz.de/10012725909

Labour Market Prospects and Policies to Soften the Impact of the Financial Crisis

Carone, Giuseppe - 2009

The global downturn is now strongly affecting EU labour markets. In light of the downward revision to the growth projections and the uncertainty created by the financial meltdown, the outlook for employment has deteriorated considerably. This would also be consistent with the experience from...

Persistent link: https://www.econbiz.de/10013159154

Fiscal Multipliers and the Labour Market in the Open Economy

Faia, Ester - 2010

Persistent link: https://www.econbiz.de/10013146168

Welfare Reform, Work and Wages: A Summary of the US Experience

Grogger, Jeffrey; Karoly, Lynn A. - In: CESifo DICE Report 03 (2005) 2, pp. 8-12

Persistent link: https://www.econbiz.de/10011696544

Welfare Reform, Work and Wages: A Summary of the US Experience

Grogger, Jeffrey; Karoly, Lynn A. - In: CESifo DICE Report 3 (2005) 2, pp. 08-12

Persistent link: https://www.econbiz.de/10005056458

Welfare in Transition: Trends in Poverty andWell-being in Central Asia

Falkingham, Jane - London School of Economics and Political Science - 1999

This paper examines the impact of the transition from a planned toa market economy on living standards and welfare in … limited to standardeconomic measures of poverty based on incomes or expenditures,but also include trends in selected … thepopulation is now living in poverty. Real wages have fallen,joblessness has increased, school enrolment has dropped andgeneral …

Persistent link: https://www.econbiz.de/10008743036

Fair Earnings Tax Reforms

Ooghe, Erwin; Schokkaert, Erik; Serruys, Hannes - 2023

We characterize a measure of social welfare for linear production economies in which individuals differ in productive skills and preferences. The key feature of our measure is that it aggregates fairness gaps, defined as the difference between the money-metric utility that the individual...

Persistent link: https://www.econbiz.de/10014290152

Is Prescott Right? Welfare State Policies and the Incentives to Work, Learn and Retire

Jacobs, Bas - CESifo - 2008

This paper bolsters Prescott’s (2004) claim that high taxes are responsible for lacklustre labor market performance in … continental European countries. We develop a lifecycle model with endogenous skill formation, endogenous labor supply, and … endogenous retirement. Labor taxation distorts not only labor supply, but also education and retirement decisions. Actuarially …

Persistent link: https://www.econbiz.de/10005181523