The present Paper studies the retirement incentives for elderly people in Belgium. We model the incentive structure …

In Portugal real wage flexibility, at the macroeconomic level, is noticeably higher, while unemployment duration is … lower, when compared to Spain. This suggests that the hardship of being unemployed is higher in Portugal. Unemployment … benefits and family insurance, which are the main buffer against unemployment and have played different roles in both countries …

mandated unemployment insurance (UI) and employment protection (EP). To illuminate the forces in these models, we study how UI … higher layoff taxes suppress frictional unemployment in less turbulent times, prevails in the models with labour market … impossible to include generous government-supplied unemployment insurance in that model without getting the unrealistic result …

We construct an overlapping generations model with unemployment risk where wages, employment and severance payments are …

: a retirement account (covering pensions), an unemployment account (covering unemployment support), a human capital … reducing unemployment, encouraging labour force participation, promoting skills, reducing governments’ budgetary pressures …

-skilled workers. The stylized facts are that profits are concentrated among the high-skilled, involuntary unemployment is mostly among … the low-skilled, and private unemployment insurance is missing. This paper analyzes the effectiveness of redistribution …

future developments of the Dutch economy, and surveys the political-economic debate in the Netherlands. The focus is on the … unemployment problem, still unsolved and therefore important for policy analysis. Several constraints for unemployment policy …

We develop a general equilibrium analysis of the impact of active labour market policy on unemployment, wages and the … employed have little exposure to unemployment and if the demand for unskilled labour is inelastic, there may be political … support for policies which actually raise the equilibrium level of total unemployment. …