Agent‐based computational economics (ACE) has been used for tackling major research
questions in macroeconomics for at least two decades. This growing field positions itself as …

Abstract In the Great Recession most OECD countries used short-time work (publicly
subsidized working time reductions) to counteract a steep increase in unemployment. We …

The optimal taxation level and tax structure depend on numerous factors and enormously
differ from country to country. However, the two mentioned tax policy instruments could …

Structural VARs indicate that for many OECD countries labor force participation,
employment, and the unemployment rate significantly increase following increases in …

Two empirical correlations are studied: one between economic growth and environmental
impacts, and the other between the lack of economic growth and unemployment. It is …

We study, both theoretically and empirically, how labor market regulation affects fiscal
multipliers. We focus on the stringency of employment protection legislation, a prominent …

This paper is the first one to analyse the effect of aggregate government spending and taxes
on output for South Africa using three types of a calibrated DSGE model and more data …

In the Covid-19 crisis, most OECD countries use short-time work schemes (subsidized
working time reductions) to preserve employment relationships. This paper studies whether …

Während der COVID-19-Pandemie hat sich Kurzarbeit erneut als wirksames Instrument zur
Stabilisierung der Beschäftigung erwiesen. Dabei stieß die massenhafte und schwankende …

The integration of active labour market policies within income support schemes–such as
unemployment insurance and social assistance–has been a key component of social …