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The Danish flexicurity model has attracted attention among policymakers in Europe, because it suggests that a flexible labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960-2002, the paper identifies the elements of the...
Persistent link: https://www.econbiz.de/10005825613
affected by bank branch deregulation and employment protection occurring over 1972-1993. We find that financial liberalization …, employment protection promotes those industries that are more knowledge intensive, while the effect of financial liberalization … an efficiency channel, better reallocating resources across sectors, while employment protection creates higher …
Persistent link: https://www.econbiz.de/10005825652
The output gap-which measures the deviation of actual output from its potential-is frequently used as an indicator of slack in an economy. This paper estimates the Finnish output gap using various empirical methods. It evaluates these methods against economic history and each other by a...
Persistent link: https://www.econbiz.de/10005825681
the likelihood of transiting from wage-and-salary to self-employment. Finally, there is no evidence of higher district …
Persistent link: https://www.econbiz.de/10005825772
Over the last 15 years, the reforms of employment protection legislation (EPL) in European countries have mainly eased … hiring and firing restrictions for temporary employment while leaving the strict EPL provisions for regular or permanent …
Persistent link: https://www.econbiz.de/10005825839
The coexistence of urban and rural poverty and migration to cities is studied in a dual economy model where the acquisition of skills is costly and involves migration to urban areas. In this model, both the distribution of innate abilities and the distribution of wealth matter for the migration...
Persistent link: https://www.econbiz.de/10005826021
capita income, output, and employment levels across the country's states and territories. This paper explores the role of …
Persistent link: https://www.econbiz.de/10005826034
crisis of 1999-2002 with the aim of (1) identifying the most vulnerable households, (2) investigating whether employment in … did not serve to decrease their vulnerability. A significant source of vulnerability was linked to changes in employment …
Persistent link: https://www.econbiz.de/10005826087
This paper estimates potential output and the output gap for Slovakia which enjoyed rapid growth with few signs of economic overheating in recent years. It applies two broad sets of approaches: conventional methods, represented by a statistical method and a production function approach; and a...
Persistent link: https://www.econbiz.de/10005826202
Work absence is an important part of the individual decision on actual working hours. This paper focuses on sickness absence in Europe and develops a stylized model where absence is part of the labor-leisure decision made by workers and the production decision made by profit-maximizing firms,...
Persistent link: https://www.econbiz.de/10005826222