Generous income support programs as provided by European welfare states have often been blamed to hamper employment …. This paper investigates the importance of incentives inherent in the tax-benefit system for the individual decision to take … incentives at the extensive margin measured by the Participation Tax Rate (PTR), particularly for low-income individuals. Work …

normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than … of the bridge options. Therefore mainly employers with high employment adaption costs induced employees to use a bridge …

elasticity. Men are more attracted by earnings incentives than women. Also individuals who work until retirement can easier be … attracted by financial incentives to work after retirement than those with bridge options. Our analysis is based on a …

Common wisdom holds that the introduction of a non-binding minimum wage is irrelevant for actual wages and employment … bargained wages, we show that such minimum wages can drive up wages - and be harmful to employment - when bargaining follows the …