Using merged data from the British Household Panel Survey (BHPS) and the German Socio-Economic Panel (SOEP), this paper applies a parametric difference-in-differences approach to assess the real effects of the introduction of the euro on subjective well-being. A complementary nonparametric...

There is a longstanding debate on the advantages of quasi-markets for placement services compared to their public deliverance. During 2009, the German Public Employment Service (PES) implemented a randomized field experiment to investigate if intensive services for hard-to-place unemployed...