analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working … makes people generally better off than being unemployed, but employed welfare recipients do not reach the life satisfaction …. Our findings allow us to draw cautious conclusions on employment subsidies paid as welfare benefits. …

Do investment programs create more jobs in tight or in slack labor markets? We study this question using data from a … large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and … across space, we find that photovoltaic installations created at least twice as many jobs in slack than in tight labor …

This paper evaluates the effect of a voucher award system for assignment into vocational training on the employment … outcomes of unemployed voucher recipients in Germany, along with the causal mechanisms through which it operates. It assesses … negative short term and positive long term employment effects of voucher award are mainly driven by actual training …

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …

Generous income support programs as provided by European welfare states have often been blamed to hamper employment …

impact of employment protection laws (EPL) on job content. Economic theories predict that stricter protection increases … raise their hiring and promotion standards for permanent jobs. Both of these mechanisms predict higher levels of job content … in permanent than in temporary jobs; further, it is predicted that stricter EPL increases the gap in job content between …

reducing the generosity of unemployment benefits decreases wages, fosters employment and augments competitiveness as well as … build a two-region RBC model with labor market frictions, idiosyncratic consumption risk, and limited cross …