Pension benefits labour market institutions and unemployment

dc.contributor.authorAdam, A.en
dc.date.accessioned2015-11-24T17:05:44Z
dc.date.available2015-11-24T17:05:44Z
dc.identifier.urihttps://olympias.lib.uoi.gr/jspui/handle/123456789/11372
dc.rightsDefault Licence-
dc.titlePension benefits labour market institutions and unemploymenten
heal.abstractAs argued by Summers et al. (Quarterly Journal of Economics 1993; 108: 385-411) and Cigno (" Is There a Social Security Tax Wedge?" , CESifo Working Paper No. 1772, 2006) public old-age pension benefits may work as a wage-moderating device, thereby lessening the distorting effects of labour taxation on unemployment. An implication of this argument is that there should be a negative relationship between the generosity of the pension system and the unemployment rate, for those countries where there is a strong link between individual contributions to the pension system and benefits, i.e. countries with Bismarckian pension systems. We test this hypothesis using a panel of 20 OECD countries for the time period of 1960-2004. The paper also provides evidence on the unemployment effects of various labour market institutions.en
heal.accesscampus-
heal.fullTextAvailabilityTRUE-
heal.journalNameLabouren
heal.journalTypepeer reviewed-
heal.languageen-
heal.publicationDate2007-
heal.recordProviderΠανεπιστήμιο Ιωαννίνων. Σχολή Οικονομικών και Κοινωνικών Επιστημών. Τμήμα Οικονομικών Επιστημώνel
heal.typejournalArticle-
heal.type.elΆρθρο Περιοδικούel
heal.type.enJournal articleen

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