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Which Program for Whom? Evidence on the Comparative Effectiveness of Public Sponsored Training Programs in Germany

Biewen, Martin - 2008

We use a new and exceptionally rich administrative data set for Germany to evaluate the employment effects of a variety … dynamic selection into programs. Our results suggest that in West Germany both short-term and medium-term programs show … exceptions, we find little evidence for significant positive treatment effects in East Germany. There is some evidence that the …

Persistent link: https://www.econbiz.de/10012773490

Deja Vu? Short-Term Training in Germany 1980-1992 and 2000-2003

Fitzenberger, Bernd - 2008

Short-term training has recently become the largest active labor market program in Germany regarding the number of … paper estimates the effects of short-term training programs in West Germany starting in the time period 1980 to 1992 and …

Persistent link: https://www.econbiz.de/10012771630

Get Training or Wait? Long-Run Employment Effects of Training Programs for the Unemployed in West Germany

Fitzenberger, Bernd; Osikominu, Aderonke; Voelter, Robert - 2021

estimates the long-run differential employment effects of three different types of training programs in West Germany. We use …

Persistent link: https://www.econbiz.de/10013317595

Evaluating the Dynamic Employment Effects of Training Programs in East Germany Using Conditional Difference-in-Differences

Bergemann, Annette; Fitzenberger, Bernd; Speckesser, Stefan - 2021

This paper evaluates the effects of Public Sponsored Training in East Germany in the context of reiterated treatments …

Persistent link: https://www.econbiz.de/10013319240

End-of-Year Spending and the Long-Run Employment Effects of Training Programs for the Unemployed

Fitzenberger, Bernd - 2017

participation caused by budget rules in Germany in the 1980s and early 1990s, resulting in the infamous "end-of-year spending". In …

Persistent link: https://www.econbiz.de/10012966067

Money, Sticky Wages, and the Great Depression

Bordo, Michael D.; Erceg, Christopher J.; Evans, Charles L. - 2021

This paper examines the ability of a simple stylized general equilibrium model that incorporates nominal wage rigidity to explain the magnitude and persistence of the Great Depression in the United States. The impulses to our analysis are money supply shocks. The Taylor contracts model is...

Persistent link: https://www.econbiz.de/10013217205

Monetary Policy Shocks : What Have We Learned and to What End?

Christiano, Lawrence J.; Eichenbaum, Martin; Evans, … - 2021

This paper reviews recent research that grapples with the question: What happens after an exogenous shock to monetary policy? We argue that this question is interesting because it lies at the center of a particular approach to assessing the empirical plausibility of structural economic models...

Persistent link: https://www.econbiz.de/10013221839

Nominal Rigidities and the Dynamic Effects of a Shock to Monetary Policy

Christiano, Lawrence J.; Eichenbaum, Martin; Evans, … - 2021

We present a model embodying moderate amounts of nominal rigidities which accounts for the observed inertia in inflation and persistence in output. The key features of our model are those that prevent a sharp rise in marginal costs after an expansionary shock to monetary policy. Of these...

Persistent link: https://www.econbiz.de/10013223053