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Rolling back the public sector : differential effects on employment, investment and growth

Ploeg, Frederick van der - 2003

The macroeconomic effects on growth, investment and private sector employment of different ways of rolling back the welfare state are analysed. Cutting public spending on private goods induces a lower interest rate, a higher wage, a lower capital stock and a fall in employment. Cutting public...

Persistent link: https://www.econbiz.de/10011506465

Current account imbalances and structural adjustment in the Euro area : how to rebalance competitiveness

Zemanek, Holger; Belke, Ansgar; Schnabl, Gunther - 2009

Low international competitiveness of a set of euro area countries, which have become evident by large current account deficits and rising risk premiums on government bonds, is one of the most challenging economic policy issues for Europe. We analyse the role of private restructuring and public...

Persistent link: https://www.econbiz.de/10003850175

Economic-social interaction in China

Lindbeck, Assar (contributor) - 2008

Persistent link: https://www.econbiz.de/10003630516

State dependence in welfare receipt : transitions before and after a reform

Riphahn, Regina T.; Wunder, Christoph - 2013

We study state dependence in welfare receipt and investigate whether welfare transitions changed after a welfare reform. Using data from the German Socio-Economic Panel, we apply dynamic multinomial logit estimators and find that state dependence in welfare receipt is not a central feature of...

Persistent link: https://www.econbiz.de/10010211461

US welfare reform : what's relevant for Europe?

Blank, Rebecca M. - 2002

This paper reviews the U.S. welfare reform efforts over the 1990s and the effects of these reforms to date. Seven lessons of potential interest to European observers are discussed, with particular attention to the conclusions of more recent research. Such research indicates, for example, that...

Persistent link: https://www.econbiz.de/10011410428

An essay on welfare state dynamics

Lindbeck, Assar - 2003

The expansion of welfare-state arrangements is seen as the result of dynamic interaction between market behaviour and political behaviour, often with considerable time lags, sometimes generating either virtuous or vicious circles. Such interaction may also involve induced (endogenous) changes in...

Persistent link: https://www.econbiz.de/10011508052

Changing tides for the welfare state : an essay

Lindbeck, Assar - 2002

It has turned out to be difficult to adjust welfare-state arrangements to new circumstances. This paper emphasizes developments in the labor market and changes in the structure and preferences of the family. The former include changes in demography, productivity growth and international linkages...

Persistent link: https://www.econbiz.de/10011408910

Welfare benefit reforms and employment

Aloi, Marta; Lloyd-Braga, Teresa; Leite-Monteiro, Manuel - 2017

We consider an economy characterised by involuntary unemployment among low skilled workers, and investigate the … implications for employment and income of welfare schemes often advocated as less distortionary. We show that reducing unemployment … deterioration. To support employment, we suggest that systems grounded in contribution-based unemployment insurance schemes are to …

Persistent link: https://www.econbiz.de/10011624217

Anyone for social security reform?

Sen, Partha - 2016

A reform of a pay-as-you-go social security makes the pensioners worse off and the working generations better off in the period of the reform (in a dynamically efficient economy without altruism). The observed reluctance across all age groups to support such reforms is usually explained by the...

Persistent link: https://www.econbiz.de/10011518174

The role of electoral incentives for policy innovation : evidence from the U.S. welfare reform

Bernecker, Andreas; Boyer, Pierre C.; Gathmann, Christina - 2018 - This version: March 19, 2018

We investigate whether the decision to experiment with novel policies is influenced by electoral incentives. Our empirical setting is the U.S. welfare reform in 1996, which marked the most dramatic shift in social policy since the New Deal. We find that electoral incentives matter: governors...

Persistent link: https://www.econbiz.de/10011814867