"Evaluations of the promotion of further vocational training for the unemployed often address the question, whether further vocational training increases subsequent transitions into employment. But in regard of labour market policy the quality of the employment gained is also important. In this...

"German in-firm vocational training combines training on the job and learning in vocational schools. The so called 'dual system' absorbs roughly two thirds of German school leavers every year. After between two and four years of standardized training, it provides them with a generally accepted...

"This paper investigates how founders' experience and professional background affect the duration of periods of self-employment, and to what extent the duration is affected by a balanced skill set in particular. In this context, an occupational choice framework based on a competing risk setting...

"Does early-career unemployment cause future unemployment? We answer this question with German administrative matched employer-employee data that track more than 800,000 individuals over 24 years. Using a censored quantile instrumental variable estimator and instrumenting early-career...

"Evaluations of the promotion of further vocational training for the unemployed often address the question, whether further vocational training increases subsequent transitions into employment. But in regard of labour market policy the quality of the employment gained is also important. In this...

"This paper investigates how founders' experience and professional background affect the duration of periods of self-employment, and to what extent the duration is affected by a balanced skill set in particular. In this context, an occupational choice framework based on a competing risk setting...

"German in-firm vocational training combines training on the job and learning in vocational schools. The so called 'dual system' absorbs roughly two thirds of German school leavers every year. After between two and four years of standardized training, it provides them with a generally accepted...

"Many labor market models use both idiosyncratic productivity and a vacancy free entry condition. This paper shows that these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and vacancies on the other hand, which is observationally...

"Expectations regarding the economic development might be correlated due to various reasons: because individuals use the same public information and similar evaluation methods, and because of social learning or herding amongst peers. We analyse to what extent expectations are driven by herd...

"This paper analyses theoretical effects of minimum wages on employment and the wage distribution under a frictional setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under each setting. Thereby, a major theoretical focus of...