TY - RPRT AU - Beissinger, Thomas AU - Buesse, Oliver TI - The Impact of the Unemployment Benefit System on International Spillover Effects PY - 2002/Nov/ PB - Institute of Labor Economics (IZA) CY - Bonn T2 - IZA Discussion Paper IS - 656 UR - https://www.iza.org/publications/dp656 AB - Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The paper provides new insights on how changes in world real income affect labor demand and the wage bargaining process. The analysis of the interaction of shock spillovers and benefit system focuses on two-tier as well as pure earnings-related and flat-rate benefit systems. KW - benefit system KW - unemployment KW - real wages KW - open economy KW - wage bargaining ER -