Torben M Andersen, Nicole Bosch, Anja Deelen, Rob Euwals, 08 April 2011

Before the Great Recession, Denmark’s “flexicurity” model had been lauded as an example of how to achieve outstanding labour-market performance. This column takes a closer look at Denmark’s labour-market response during the recent global crisis. Although it is too early to draw ultimate conclusions, it says some challenges are already visible.

Torben M Andersen, 27 September 2010

Springing from the debate over the Danish flexicurity system, the author of CEPR DP8025 outlines a model in which incentive effects of tax-financed unemployment benefits are balanced by direct and indirect insurance benefits. Such benefits may increase labour market flexibility by making job searches less risky for workers.

CEPR Policy Research