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An Empirical Analysis of the Dynamics of the Welfare State: the Case of Benefit Morale
Halla, Martin; Lackner, Mario; Schneider, Friedrich - CESifo - 2009
Does the supply of a welfare state create its own demand? Many economic scholars studying welfare arrangements refer to Say’s law and insinuate a self-destructive welfare state. However, little is known about the empirical validity of these assumptions and hypotheses. We study the dynamic...
Persistent link: https://www.econbiz.de/10005051503
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Estimating Incentive and Welfare Effects of Non-Stationary Unemployment Benefits
Launov, Andrey; Wälde, Klaus - CESifo - 2010
The distribution of unemployment duration in our equilibrium matching model with spell-dependent unemployment benefits displays a time-varying exit rate. Building on Semi-Markov processes, we translate these exit rates into an expression for the aggregate unemployment rate. Structural estimation...
Persistent link: https://www.econbiz.de/10008583707
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The Political Economy of Two-tier Reforms of Employment Protection in Europe
Ochel, Wolfgang - CESifo - 2008
Reforms of employment protection (EPL) in Europe eased the recourse to temporary forms of employment while not reducing the strictness of EPL of permanent jobs (with the exception of Spain). Since 1990, such two-tier reforms have been implemented in Belgium, Denmark, Germany, Greece, Italy, the...
Persistent link: https://www.econbiz.de/10005405930
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The Role of Workfare in Striking a Balance between Incentives and Insurance in the Labour Market
Andersen, Torben; Svarer, Michael - CESifo - 2008
Workfare policies are often introduced in labour market policies to improve the trade-off between incentives and … equilibrium search framework, we show that the effects of workfare policies critically depend on the response of those not in the … programme when they take into account that workfare is a condition for remaining eligible for unemployment benefits. This …
Persistent link: https://www.econbiz.de/10005406005
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Work Incentives? Ex Post Effects of Unemployment Insurance Sanctions - Evidence from West Germany
Hofmann, Barbara - CESifo - 2008
Unemployment insurance (UI) sanctions in the form of benefit reductions are intended to set disincentives for UI recipients to stay unemployed. Empirical evidence about the effects of UI sanctions in Germany is sparse. Using administrative data we investigate the effects of sanctions on the...
Persistent link: https://www.econbiz.de/10005416454
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Flexicurity in Belgium. A Proposal Based on Economic Principles
Cockx, Bart; Linden, Bruno Van der - CESifo - 2009
The current unemployment insurance and employment protection legislation were set up in an environment in which relationships between workers and firms were typically long-lasting and stable. The increasing globalisation of the economy and the rapid technological and organisational changes...
Persistent link: https://www.econbiz.de/10004979397
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Fiscal Multipliers in a Two-Sector Search and Matching Model
Konstantinos, Jiang, Wei Angelopoulos; Malley, Jim - CESifo - 2015
This paper evaluates the effects of policy interventions on sectoral labour markets and the aggregate economy in a business cycle model with search and matching frictions. We extend the canonical model by including capital-skill complementarity in production, labour markets with skilled and...
Persistent link: https://www.econbiz.de/10011163069
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Reforms, Finance, and Current Accounts
Bertola, Giuseppe; Prete, Anna Lo - CESifo - 2015
We analyze the implications of labor market reforms for an open economy’s human capital investment and future production. A stylized model shows that labor market deregulation can imply more positive current account balances if financial markets are imperfect and labor market institutions not...
Persistent link: https://www.econbiz.de/10011165509
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Monitoring, Sanctions and Front-Loading of Job Search in a Non-Stationary Model
Cockx, Bart; Dejemeppe, Muriel; Launov, Andrey; Linden, … - CESifo - 2011
We develop and estimate a non-stationary job search model to evaluate a scheme that monitors job search effort and sanctions insured unemployed whose effort is deemed insufficient. The model reveals that such schemes provide incentives to the unemployed to front-load search effort prior to...
Persistent link: https://www.econbiz.de/10009371346
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Labor Demand During the Crisis: What Happened in Germany?
Bohachova, Olga; Boockmann, Bernhard; Buch, Claudia M. - CESifo - 2011
In Germany, the employment response to the post-2007 crisis has been muted compared to other industrialized countries. Despite a large drop in output, employment has hardly changed. In this paper, we analyze the determinants of German firms’ labor demand during the crisis using a firm-level...
Persistent link: https://www.econbiz.de/10009367393