01705cas a2200241 a 4500 AALejournalIMF004760 230101c9999 xx r poo 0 0eng d 5.00 USD 9781451866001 1018-5941 BD-DhAAL BD-DhAAL Zhou, Jianping. Danish for All? : Balancing Flexibility with Security; The Flexicurity Model / Jianping Zhou. Washington, D.C. : International Monetary Fund, 2007. 1 online resource (23 pages) IMF Working Papers <strong>Off-Campus Access:</strong> No User ID or Password Required <strong>On-Campus Access:</strong> No User ID or Password Required Electronic access restricted to authorized BRAC University faculty, staff and students The Danish flexicurity model has attracted attention among policymakers in Europe, because it suggests that a flexible labor market can coexist with a generous welfare system to achieve low unemployment. Using a panel of 19 countries over 1960-2002, the paper identifies the elements of the flexicurity model that may have contributed to the low unemployment rate. A theoretical model of dynamic policies is constructed to analyze whether the model can be emulated by other countries. Focusing on the financing aspect, the paper finds that effective implementation will depend on the initial unemployment level and budgetary situation of the country. Mode of access: Internet IMF Working Papers; Working Paper ; No. 2007/036 Full text available on IMF http://elibrary.imf.org/view/journals/001/2007/036/001.2007.issue-036-en.xml IMF e-Library