Mircrosimulation models (MSM) and Computable General Equilibrium models (CGE) have both been widely used in policy analysis. The combination of these two model types allows the utilisation of the advantages of both types. The aim of this paper is to describe the state-of-the-art in simulation...

For Germany, we analyse the (relative) effects of participation in several active labour market programmes on the employment prospects of participants. First, our results show that different matching algorithms result in different severe problems of common support. Second, we obtain favourable...

Our paper estimates the average effect of wage subsidies - paid to employers for a limited period of time - on the labour market prospects of needy job-seekers without access to insurance-paid 'unemployment benefit I'. The results show that wage subsidies had large and significant favourable...

In this paper, we define a new class of richness measures. In contrast to the often used headcount, these new measures are sensitive to changes in rich persons' income and therefore allow for a more sophisticated analysis of richness. We demonstrate the application of these new measures to...

Die Ich-AG (Existenzgründungszuschuss) war eines der zentralen Instrumente, das im Rahmen der "Hartz-Reformen" in den arbeitsmarktpolitischen Kanon aufgenommen wurde. Zusammen mit dem bereits seit langem bekannten Überbrückungsgeld wurden damit zwischen 2003 und 2006 mehr als eine Million...

Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects are hard to identify without model assumptions. We develop a novel method that relates self-reported perceived treatment rates and job-search behavioral outcomes, like the reservation wage,...