Standard job search theory assumes that unemployed individuals have perfect information about the effect of their search effort on the job offer arrival rate. In this paper, we present an alternative model which assumes instead that each individual has a subjective belief about the impact of his...

Propensity Score Matching (PSM) has become a popular approach to estimate causal treatment effects. It is widely applied when evaluating labour market policies, but empirical examples can be found in very diverse fields of study. Once the researcher has decided to use PSM, he is confronted with...

"The support of start-ups out of unemployment within the legislative framework of Social Code III (SGB III) is still one of the most important instruments of active labour market policy. On August 1, 2006, the new 'Start-up Scheme' (§ 57 SGB III) replaced its predecessors, the 'Bridging...

"The support of start-ups out of unemployment within the legislative framework of Social Code III (SGB III) is still one of the most important instruments of active labour market policy. On August 1, 2006, the new 'Start-up Scheme' (§ 57 SGB III) replaced its predecessors, the 'Bridging...