In this paper we use a reform in the applicability of the Protection Against Dismissal Act or Kündigungsschutzgesetz in Germany to identify employment effects of the legislation for small establishments. Using a panel of establishments for the period 1997-2001, we find some evidence that a...

Utilizing a new survey of employers, this paper examines how and why establishments differ in their willingness to permit an older full-time white-collar worker to take phased retirement. Phased retirement means that an older worker remains with his or her employer while gradually reducing work...

Im vorliegenden Beitrag werden wesentlichen Merkmale eines Too Big To Fail (TBTF) Regimes diskutiert. Hierunter wird ein politisches Umfeld verstanden, in dem grosse, systemrelevante Finanzinstitute durch staatliche Massnahmen vor der Insolvenz gerettet werden. Das TBTF Regime rechtfertigt sich...

The relationship between land investment and tenure security is usually tested in land scarce but peaceful areas. This article examines instead the effects of land abundance and war for investment and tenure security. The paper demonstrates that war enhances land abundance. This implies that...