The so-called Hartz reform has introduced fundamental changes for publicly sponsored training in Germany. This concerns primarily the emission of training vouchers as an exclusive allocation device, allowing potential participants free choice among training providers within a given training...

The transition process from unemployment to employment is determined by the reservation wage and the search effort of the unemployed worker. The optimal search strategy depends on labour market institutions like the generosity of unemployment benefits and classical characteristics like age and...

The so-called Hartz reform has introduced fundamental changes for publicly sponsored training in Germany. This concerns primarily the emission of training vouchers as an exclusive allocation device, allowing potential participants free choice among training providers within a given training...

The transition process from unemployment to employment is determined by the reservation wage and the search effort of the unemployed worker. The optimal search strategy depends on labour market institutions like the generosity of unemployment benefits and "classical" characteristics like age and...

The transition process from unemployment to employment is determined by the reservation wage and the search effort of the unemployed worker. The optimal search strategy depends on labour market institutions like the generosity of unemployment benefits and "classical" characteristics like age and...