This paper examines if and to what extend regional mobility has increased after finishing vocational in-firm training between 1977 and 2004. Particular interest is given to the importance of regional mobility for occupational continuity at labor market entry. Can mobility lower the probability...

This paper analyzes the real effects of differences in structures on financial markets, especially concerning quasi-equilibrium unemployment. It argues that a vibrant venture capital market is an important prerequisite for financing structural change and thus for keeping unemployment low in the...

Labor market performance has differed considerably between OECD countries over the last two decades. The focus of the literature so far has been to ask whether these differences can be explained by varying degrees of labor market rigidities and generosity of welfare states. This paper takes a...