Previous literature has identified considerable non-pecuniary costs to macroeconomic fluctuation and uncertainty. The present paper investigates whether and to what extent labor market institutions can mitigate those costs. We study how life satisfaction of European citizens is affected by...

Introduction -- Background for the Empirical Analyses: Institutional Details and Data -- Centralized versus Decentralized Welfare Administration -- The Employment Effects of an Intensified Use of Benefit Sanctions -- The Effectiveness of Temporary Extra Jobs and Short-Term Training Programs --...

Seit Ende der 1990er Jahre steht die Weiterentwicklung von Fürsorgesystemsysteme als letztem Netz nationaler Sicherungssysteme zu einer 'aktivierenden' Grundsicherung auf der Reformagenda in vielen Ländern. Die gemeinsame Zielsetzung von Hilfereformen ist es, die soziale Treffsicherheit von...

We perform a comprehensive analysis of the stepping-stone effect of temporary agency employment on unemployed workers. Using the timing-of-events approach, we not only investigate whether agency employment is a bridge into regular employment but also analyze its effect on post-unemployment wages...