Whereas preferences of consumers are a cornerstone of market economies, preferences of employees e.g. regarding the preferred amount of paid labour are mostly not. However, we find strong evidence that differences between aspired and actually worked weekly hours have a serious negative impact on...

The paper reviews national and international experiences with different combinations of in-work benefits, subsidized employment, statutory minimum wages and implicit minimum wages defined by social assistance provisions. It calls for a cautious approach regarding the introduction of additional...

Die Arbeitsmarktreformen der letzten Jahre haben die strukturellen Anpassungsprobleme des deutschen Beschäftigungsmodells zum Teil gelindert - allerdings sind noch längst nicht alle Schwierigkeiten überwunden. Für die Zukunft besteht die zentrale Herausforderung darin, eine...