We investigate the effects of works councils on employees’ wages and job satisfaction ingeneral and for subgroups with respect to sex and occupational status. Making use of aGerman representative sample of employees, we find that employees, who move to a firmwith a works council, report...

We empirically explore the relevance of risk taking behavior in tournaments. We make use ofdata from the NBA season 2007/2008 and measure risk taking by the fraction of three-pointshots. Current heterogeneity of teams is taken into account by intermediate results. It turnsout that indeed teams...

Dieser Bericht untersucht die möglichen Beschäftiungseffekte und fiskalischenEffekte des von Peter Bofinger und Ulrich Walwei vorgeschlagenen Konzepts zurFörderung Existenz sichernder Beschäftigung. Die Arbeiten wurden in engerKoordination mit dem Auftraggeber, dem Bundesministerium der...

Mit der Hartz-Reform wurde die Arbeitsmarktpolitik in Deutschland in allen Bereicheneiner grundlegenden Revision unterzogen. Nach vorbereitenden Arbeiten der Hartz-Kommission wurde eine Reihe von „Gesetzen für moderne Dienstleistungen amArbeitsmarkt“ (kurz: Hartz I-IV) verabschiedet, die...

Based on a German representative sample of employees we explore the relevance anddevelopment of further training in private sector firms. We focus on formal training andexplore possible individual and job-based determinants of its incidence. We also showchanges over time during a 20 year...

Standard search models are unreliable for structural inference of the underlying sources ofwage inequality because they are inconsistent with observed residual wage dispersion. Weaddress this issue by modeling skill development and duration dependence in unemploymentbenefits in a random on the...

This paper analyzes data from a novel field experiment designed to test the impact of twodifferent insurance products and a secret saving device on solidarity in risk-sharing groupsamong rural villagers in the Philippines. Risk is simulated by a lottery. Risk-sharing ispossible in solidarity...

We provide an overview of the growing literature that uses micro-level data from multiplecountries to investigate health outcomes, and their link to socioeconomic factors, at olderages. Since the data are at a comparatively young stage, much of the analysis is at an earlystage and limited to a...

In this paper, we investigate the long-run effects of World War II on socio-economic status(SES) and health of older individuals in Europe. Physical and psychological childhood eventsare important predictors for labor market and health outcomes in adult life, but studies thatquantify these...

Firms select not only how many, but also which workers to hire. Yet, in standard searchmodels of the labor market, all workers have the same probability of being hired. We arguethat selective hiring crucially affects welfare analysis. Our model is isomorphic to a searchmodel under random hiring...