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Social assistance in Germany reduces the incentive to work. The U.S. Welfare to Work Programm tries to avoid such distinctives. It consists essentially of two elements: the Earned Income Tax Credit (EITC) for employees in low wage occupations and a workfare model. The EITC and the Workfare model...
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Seit der Einführung des Euro-Bargelds ist der Umlauf deutscher Banknoten außerordentlich stark gestiegen. Vor allem der Auslandsumlauf spielt dabei eine Rolle – und hier wiederum der Umlauf außerhalb des Euroraums. Die Autoren schätzen die regionale Verteilung dieses Umlaufs mithilfe...
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function and impact of cash in Asian countries. It explores the impact of cash on society, the role of cash in monetary policy …, and the future of cash in various monetary systems, contrasting case studies from China, Japan, Korea, and Singapore with … experiences from Europe. Recently the role of cash in the economy has become a much-discussed topic in Europe, but the issue is …
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