By John T. Addison, Paul J. J. Welfens (auth.), Professor Dr. Paul J. J. Welfens, Professor Dr. John T. Addison (eds.)
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Additional info for Labor Markets and Social Security: Wage Costs, Social Security Financing and Labor Market Reforms in Europe
Kiel Working Paper 756. Kiel: Kiel Institute fo World Economics. S. (1994), Low-wage Employment Subsidies versus the Welfare State, in: American Economic Review, Papers and Proceedings, Vol. 2, 54-58. J. (1994), Converting Unemployment Benefits into Employment Subsidies, in: American Economic Review, Papers and Proceedings, Vol. 2, 65-70. Comments on: Structural Unemployment in Europe - A Bird's-Eye View Manfred Teutemann* The background and motivation of the paper I have to discuss is one of a situation in which unemployment in the European Union currently stands at around 18 million, and is set to rise further.
However, as it is presented here, it is likely to be applicable to other European countries as well. , PHELPS (1994), SNOWER (1994). 20 Also, casual exchanges with managers from personnel departments strongly support this point. 21 One such assumption is that the search intensity of long-term unemployed persons is greater than that of an already employed person receiving the same net income, so that the latter is less likely to 'notice' the emerging better-paid job opening. Given the notoriously low search intensity empirically observed for long-term unemployed persons in the past, this assumption is highly implausible.
Structural Unemployment in Europe: A Bird's-Eye View 43 References: EMERSON, M. (1988), What Model for Europe? , NICKELL, S. and JACKMAN, R. (1991), Unemployment. Macroeconomic Performance and the Labour Market. Oxford: Oxford University Press MADDISON, A. (1991), Dynamic Forces in Capitalist Development. Oxford: Oxford University Press. ), Employment Outlook. Paris. OECD (1994), The OECD Jobs Study. Parts I and II. Paris. OECD (1995), Economic Outlook. Paris. -H. (1994), Unemployment and the Crisis of the German Model.
Labor Markets and Social Security: Wage Costs, Social Security Financing and Labor Market Reforms in Europe by John T. Addison, Paul J. J. Welfens (auth.), Professor Dr. Paul J. J. Welfens, Professor Dr. John T. Addison (eds.)