This paper studies the importance of incentives as a determinant of international trade flows. We argue that barter …

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 …

productivity. HRM includes incentive pay (individual and group) as well as many non-pay aspects of the employment relationship such …

structural unemployment as it fosters long-run incentives for job creation. Because there exists an optimal level of unemployment …