The Impact of the Benefit System on International Spillover Effects
AbstractBased 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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Bibliographic InfoPaper provided by Royal Economic Society in its series Royal Economic Society Annual Conference 2003 with number 19.
Date of creation: 04 Jun 2003
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More information through EDIRC
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
This paper has been announced in the following NEP Reports:
- NEP-ALL-2003-06-16 (All new papers)
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- Wolfgang Lechthaler & Mario Larch & Gabriel Felbermayr, 2009.
"Unemployment in an Interdependent World,"
2009 Meeting Papers
596, Society for Economic Dynamics.
- Gabriel Felbermayr & Mario Larch & Wolfgang Lechthaler, 2009. "Unemployment in an Interdependent World," Kiel Working Papers 1540, Kiel Institute for the World Economy.
- Felbermayr, Gabriel & Larch, Mario & Lechthaler, Wolfgang, 2009. "Unemployment in an interdependent world," FZID Discussion Papers 06-2009, University of Hohenheim, Center for Research on Innovation and Services (FZID).
- Gabriel J. Felbermayr & Mario Larch & Wolfgang Lechthaler, 2009. "Unemployment in an Interdependent World," CESifo Working Paper Series 2788, CESifo Group Munich.
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