Many countries use centralized exit exams as a governance devise of the school system. While abundant evidence suggests positive effects of central exams on achievement tests, previous research on university-bound students shows no effects on subsequent earnings. We suggest that labor-market...

In Deutschland werden in jüngster Zeit immer häufiger amerikanische Verhältnisse im Umgang mit Sozialhilfeempfängern gefordert. Wie sieht die amerikanische Sozialhilfepolitik tatsächlich aus? Welche Lehren könnte man für Deutschland ziehen?

Die wirtschaftspolitische Diskussion in Deutschland wird durch eine angebotsorientierte Sichtweise dominiert. Wird dieser Ansatz den wirtschaftlichen Problemen gerecht? Welche finanzpolitische Strategie verfolgten erfolgreichere Länder als Deutschland? Welcher Policy-Mix ist in der aktuellen...

This paper investigates regional or international transfers as a means to prevent immigration into unemployment. We analyze a two-country model with free migration in which the rich country is characterized by minimum wage unemployment. Matching grants for investment in infrastructure are...

Although search-matching theory has come to dominate labor economics in recent years, few attempts have been made to compare the empirical relevance of search-matching theory to efficiency wage and bargaining theories, where employment is determined by labor demand. In this paper we formulate an...

We study the various consequences of and the incentives for outsourcing. We argue that the wage elasticity of labour demand increases as a function of the share of outsourcing, which is a result consistent with existing empirical research. Furthermore, we show that a production mode with a...