analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …. Our findings allow us to draw cautious conclusions on employment subsidies paid as welfare benefits. …

normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than …

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …

-to-specific testing strategy reveals a recursive structure where only the unemployment rate and long-term interest rates are directly …

and the consequences of unemployment rather than from advantages of self-employment. … losing self-employment is an even more harmful life event than losing dependent employment. Monetary and non-monetary reasons … seem to account for the difference between the two types of work. Moreover, it originates from the process of losing self-employment …