The Impact of the Unemployment Benefit System on International Spillover Effects

URN to cite this document:: urn:nbn:de:bvb:355-opus-1190
DOI to cite this document:: 10.5283/epub.4485

Beissinger, Thomas ; Büsse, Oliver

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Date of publication of this fulltext: 18 Dec 2002 13:47

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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 ...