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The role of money in producing sustained subjective well-being seems to be seriously compromised by social comparisons and habituation. But does that necessarily mean that we would be better off doing something else instead? This paper suggests that the phenomena of comparison and habituation...
Persistent link: https://www.econbiz.de/10009294836
market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find … market, as well as with lower unemployment. …
Persistent link: https://www.econbiz.de/10010884252
Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the …
Persistent link: https://www.econbiz.de/10010884403
also a driver of behavior and life's outcomes? Rich survey data of recent entrants into unemployment in Germany show that a …
Persistent link: https://www.econbiz.de/10010959814
have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …
Persistent link: https://www.econbiz.de/10011212573
miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important … reforms, the nature of the crisis affecting mainly export-oriented companies in Germany, the extension of short-time work, the …
Persistent link: https://www.econbiz.de/10009416929
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10005703602
'entrepreneurial milieu' affect the decision to start a new business out of unemployment? The econometric study is based on data from a …
Persistent link: https://www.econbiz.de/10005703719
lead to higher equilibrium unemployment via the generated real wage wedge. …
Persistent link: https://www.econbiz.de/10005822114
while their risk of becoming unemployed was lower. In particular in eastern Germany, joining firms that were older than six …
Persistent link: https://www.econbiz.de/10005763862