This paper proposes a multi-industry trade model with integrated capital and goods markets. Labor market imperfections in line with Mortensen and Pissarides (Job Creation and Job Destruction in the Theory of Unemployment, 1994) give rise to unemployment and a channel for the government to...

The aim of this paper is to investigate how occupational prospects affect first-birth decisions of men and women. Contrasting the continental conservative German welfare state with the liberal market economy of the UK, the focus of analyses rests on how welfare state alignment affects fertility...

It is a well-established fact that mothers' labour force participation reacts differently todifferent types of family benefits. It is also already well-known that cultural and religiousfactors have an impact on their labour force participation. But does the labour forcereaction to family...

Recent theoretical literature studies how labor market reforms in one country can affect labor market outcomes in other countries, thereby rationalizing widely-held policy beliefs and empirical evidence. But what is the quantitative relevance of such spillover effects? This paper combines two...

The analysis provides a new explanation for two widespread problems concerning European unemployment policy: the disappointingly small effect of many past reform measures on unemployment, and the political difficulties in implementing more extensive reform programs. We argue that the heart of...