There is an extensive empirical literature examining the impacts of various labour market regulations on employment outcomes. However, much of this evidence focuses on developed or middle-income countries, resulting in a comparative dearth of literature that analyzes the impact of such policies...

In recent years, European countries have faced a number of challenges like, for example, the technological change, the acceleration of globalisation, the considerable ageing of European societies. In this context, a more flexible labour market combined with satisfactory levels of security is...

Germany has always been one of the prime examples of institutional complementarities between social insurance, a rather passive welfare state, strong employment protection and collective bargaining that stabilize diversified quality production. This institutional arrangement was criticized for...

An equilibrium model with firm and worker heterogeneity is constructed to analyze labor market and welfare implications of the Patient Protection and Affordable Care Act, commonly called the Affordable Care Act (ACA). The authors' model implies a significant reduction in the uninsured rate from...

This paper studies the effects of labour market reforms on the functional distribution of income in a DSGE model (Roeger et al., 2008) with skill differentiation, in which households supply three types of labour: low-, medium- and high-skilled. The households receive income from labour, tangible...

In the wake of increasing globalization and economic and financial crisis, the balance between flexibility and security - flexicurity - is central to European employment policies and the modernization of EU labour law in the different Member States of the EU. Common principles of flexibility...