In the debate on in-work benefits in Germany it is often overlooked that such subsidies may only be effective if basic minimum income is remarkably decreased for those who are employable. However, proposals following this principle will hardly achieve political consensus as can be derived from...

Dieser Beitrag analysiert die fiskalischen Gesamtwirkungen der Zuwanderung nach Deutschland mit Hilfe der demographisch basierten langfristigen Budgetmethode der Generationenbilanzierung. Für den Bestand der Einheimischen und Zuwanderer wird der Gegenwartswert der individuell über den...

Many policy makers and economists argue that financial literacy is key to financial well-being. But why do many individuals remain financially illiterate despite the apparent importance of being financially informed? This paper presents results of a field study linking individual decisions to...

This paper develops a framework for estimating previous illegal experience among annual cohorts of new legal immigrants to the United States - using public-use administrative microdata alone, survey data alone, and the two jointly - and provides estimates for the FY 1996 cohort of new...