Flexicurity – seen from a traditional economist position ● Slides from Torben M. Andersen et.al. 2007

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Unemployment rates: Euroland and Denmark, Source: OECD

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Unemployment: search, registered and gross Note: Search unemployment is based on survey data and is measuring unemployed actively searching for a job, the gross unemployment rate equals the registered unemployment rate plus people in activation, paid leave schemes and early retirement

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Indicators of EPL and unemployment insurance generosity, OECD countries Note: Indicator for EPL is measured on a scale from 0 to 4 in 2003, and the replacement rate measures the average ratio of benefits to wages calculated as an average over 5 years

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Relative employment variability, OECD countries

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Job creation and destruction in private sector in percent of total employment, Denmark Note: Based on firm level data covering the entire population of Danish firms

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Relative importance of short and long-term unemployment Note: Data applies to 2004

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Income dependent replacement rates, Selected countries Note: Replacement rate in unemployment insurance schemes calculated on the basis of daily income and for single persons in countries where benefits are dependent on socio-economic variables

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Duration of unemployment benefits in selected countries Note: In the Netherlands, the extension depends on seniority

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Changes to the social security system--eligibility and activation periods Note: The "right and duty" principle in the activation period was introduced in 1995

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Shift in labour market policy: from infinite benefit duration to fixed time duration with workfare

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Search, job creation, wages and unemployment Note: Based on simulations of theoretical model

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Activation--Costs and extent Note: Costs are average cost of active labour market programmes per activated

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 The effects of workfare on the job finding rate

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Empirical hazard rates for exit rates out of unemployment Source: Geerdsen (2006)

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Sequence of activities for treatment group Source: Danish Economic Council (2007)

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Low wages relative to maximum unemployment benefits Notes: Calculated as the hourly wage for decile 10 in the wage distribution

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Employment creation across the wage distribution Note: The wages are hourly wages for the total Danish working population

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Phillips curves: Nominal and real, versus Source: Own calculations based on data from Statistic Denmark

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Sanction rates, 2002 and 2004 Note: The figure is based on data for all unemployed in the period from 2001 to 2005 and gives the sanction rate defined as the fraction of individuals who are receiving a sanction in a given week of their unemployment spell compared to all individuals with similar spell duration

Copyright restrictions may apply. Andersen, T. M. et al. CESifo Economic Studies : ; doi: /cesifo/ifm015 Age-dependent activation rate--unemployment insurance and social assistance Note: Activation rates are calculated on the basis of full-time equivalents relative to the group of unemployed with unemployment insurance, and the group receiving social assistance, respectively