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The Impact of the Benefit System on International Spillover Effects

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Author Info
Beissinger, Thomas (University of Regensburg)
Oliver Buesse

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Abstract

Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The paper provides new insights on how changes in world real income affect labor demand and the wage bargaining process. The analysis of the interaction of shock spillovers and benefit system focuses on two-tier as well as pure earnings-related and flat-rate benefit systems.

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File URL: http://repec.org/res2003/Beissinger.pdf
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Publisher Info
Paper provided by Royal Economic Society in its series Royal Economic Society Annual Conference 2003 with number 19.

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Date of creation: 04 Jun 2003
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Handle: RePEc:ecj:ac2003:19

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Web page: http://www.res.org.uk/society/annualconf.asp
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Related research
Keywords: benefit system; unemployment; real wages; open economy; wage bargaining;

Find related papers by JEL classification:
E24 - Macroeconomics and Monetary Economics - - Macroeconomics: Consumption, Saving, Production, Employment, and Investment - - - Employment; Unemployment; Wages; Intergenerational Income Distribution
F41 - International Economics - - Macroeconomic Aspects of International Trade and Finance - - - Open Economy Macroeconomics
J23 - Labor and Demographic Economics - - Demand and Supply of Labor - - - Labor Demand
J51 - Labor and Demographic Economics - - Labor-Management Relations, Trade Unions, and Collective Bargaining - - - Trade Unions: Objectives, Structure, and Effects
J65 - Labor and Demographic Economics - - Mobility, Unemployment, and Vacancies - - - Unemployment Insurance; Severance Pay; Plant Closings

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This page was last updated on 2009-11-25.

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