Danish Flexicurity: Rights and Duties

نویسندگان

چکیده

Denmark is one of the richest countries in world and achieves this combination with low inequality, unemployment, high-income security. This performance often attributed to Danish labor market model characterized by what has become known as flexicurity. essay describes evaluates The experience shows that flexicurity itself, is, flexible hiring firing rules for firms combined high income security workers, insufficient successful outcomes. policy also needs include comprehensive active programs (ALMPs) compulsory participation recipients unemployment compensation. spends more on than any other OECD country. We review theory showing how ALMPs can mitigate adverse selection moral hazard problems associated empirical evidence effectiveness from ongoing evaluation, which includes a systematic use randomized experiments. discuss aptness meet challenges globalization, automation, immigration trade-offs United States (or countries) would face adopting policy.

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ژورنال

عنوان ژورنال: Journal of Economic Perspectives

سال: 2022

ISSN: ['0895-3309', '1944-7965']

DOI: https://doi.org/10.1257/jep.36.4.81