This paper uses data from 20 OECD countries to investigate the impact of welfare state institutions (especially employment protection, wage bargaining and work incentives) on the functioning of the labour market both theoretically and empirically. It shows that the impact of welfare state...

Das Konzept der Nettosozialleistungsquote (NSLQ) von W. Adema hat in jüngster Zeit einige zentrale Annahmen der vergleichenden Wohlfahrtsstaatenforschung erschüttert. Nicht nur die quantitative Dimension des Wohlfahrtsstaates in OECD-Ländern, sondern auch seine strukturelle Zusammensetzung...

The report takes issue with the large debate of social security systems and particularly the large expenditure devoted to unemployment insurance in most OECD countries. From the perspective of transitional labour markets we analyse the corresponding welfare regime focusing on employment and...

In der Diskussion über arbeitsmarktpolitische Reformen fordern nationale Regierungen und internationale Organisationen immer stärker das Lernen von anderen Ländern. Das politikwissenschaftliche Standardmodell zur Erklärung von Reformen der Arbeitsmarktpolitik ist jedoch zumeist rein...

Ausgangspunkt dieses Diskussionspapieres ist die von Fritz Scharpf vertretene Auf-fassung, dass wohlfahrtsstaatliche Institutionen maßgeblich an der Entwicklung unterschiedlicher Dienstleistungssektoren beteiligt sind. Anhand dieser Idee werden polit-ökonomische Hypothesen hergeleitet und...

I develop an agent-based computational economics (ACE) model with which I evaluate the aggregate impact of labor market policies. The findings are that governmentfinanced training measures increase the outflow rate from unemployment to employment. Although the overall effect is positive this...

This paper provides an overview of the major macroeconomic problems that have confronted the OECD countries during the last four decades. It also explores some leading arguments regarding the political bases of these problems. An extensive account of the experiences of these countries in terms...

Does the partisan character of governing parties play a role in the formation of fiscal policy? The conventional view is that the left tends toward excessive deficits while the right practices a more prudent and restrictive fiscal policy. However, there is little evidence that would sustain such...

An influential line of argument holds that trade exposure causes economic uncertainty and spurs popular demands for compensatory and risk-sharing welfare state spending. The argument has gained renewed prominence through the recent work of Garrett (1998) and Rodrik (1997; 1998). This paper argues...

In this paper we investigate the contagion effect between stock markets of U.S and sixteen OECD countries due to Global Financial Crisis (2007-2009). We apply Dynamic Conditional Correlation GARCH model Engle (2002) to daily stock price data (2002-2009). In order to recognize the contagion...