An alternative route to a basic income: the transition from conditional to unconditional social security

Article Abstract:

An alternative way of developing a basic income regime is to allow those on welfare to retain a portion of their side-earnings, raising the tax allowance and then implementing a partial basic income scheme. This alternative has the advantage of eliminating the poverty trap and high gross minimum wages. However, those who are not entitled to social security nor do paid work and those who are high income earners are losers under such a system.

Social Security

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Defferentiation of skills, firms' recruitment strategy and unemployment benefits in an efficiency wage model

Article Abstract:

In times of tight labor markets firms raise their requirements for employees to be hired. The model also indicates that unemployment benefits raise overall employment levels.

Netherlands, Unemployment Insurance, Statistical Data Included, Models, Employee recruitment, Compensation management

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Nominal wage contracts, adjustment shocks and real persistence of monetary shocks

Article Abstract:

The impact of monetary shocks can be long term, when nominal wage contracts are taken into account, as well as consumer choice and equipment installation costs.

United States, Money Supply, Monetary policy

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