This paper follows up recent work on the relationship between (un)employment and wage effects of social security … in Germany. The main result of the paper is that there is in fact a positive shortrun employment effect of a revenue … rates, but in the longerterm only modest effects remain due to higher wages. …

basis of a microsimulation model which accounts for the complex interactions between individual wages, the tax …-benefit system and net household incomes, also taking into account potential employment effects as well as indirect effects on … reducing income inequality, even if it led to a substantial increase in hourly wages at the bottom of the wage distribution …

rates. Our analysis is based on a microsimulation model that accounts for the interactions between wages, the tax …-benefit system and net incomes at the household level as well as employment and price effects on the distribution of incomes induced … account negative employment effects and increases in consumer prices induced by the minimum wage would wipe out any positive …

" employment after the PWP. We find that these programs seem to have no special targeting focus on disadvantaged groups in the …

effects on individual re-employment probabilities after training. These are estimated by discrete hazard rate models on the … and outcome equation. The latter differentiates between transitions into "stable" and "unstable" employment after the … find stable employment. For the period of September 1992 to November 1994, when the institutional structure for the …

the macroeconomic level, we draw special attention to the important distinction between product and consumption wages … changes in the distribution of hourly wages between 1990 and 1997 and analyze the economic factors determining these changes …