The Labor Market in Romania – Between Structural Reform and Current Adjustment

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Welfare Reform and the Labor Market

This paper reviews the basic theoretical models that are appropriate for analyzing different types of welfare reforms, and the related empirical literature. We first present the canonical labor supply model of a classical welfare program, and then extend this basic framework to include in-kind transfers, incomplete take-up, human capital, preference persistence, and borrowing and saving. The em...

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ژورنال

عنوان ژورنال: Equilibrium

سال: 2011

ISSN: 2353-3293,1689-765X

DOI: 10.12775/equil2011.023