Showing 1 - 10 of 132
study a reform in Germany that abruptly abolished this mandate for certain firms incorporated after August 1994 but locked … reduces owners' capital investment – we find that granting formal control rights to workers raises capital formation. The … relations whereby shared governance raises capital by permitting workers to bargain over investment or by institutionalizing …
Persistent link: https://www.econbiz.de/10012858488
administrative data set from Germany and statistical matching techniques. Our treatment groups consist of unemployed persons taking …
Persistent link: https://www.econbiz.de/10013144940
This paper analyses theoretically and empirically how employment subsidies should be targeted. We contrast measures involving targeting workers with low incomes/abilities and targeting the unemployed under the criteria of "approximate welfare efficiency" (AWE). Thereby we can identify policies...
Persistent link: https://www.econbiz.de/10013316994
recent studies analyze the impact of measures of employment promotion for the case of Germany, no comparable study exists on …
Persistent link: https://www.econbiz.de/10013321250
We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment accounts (UA) system. Under the UA system, employed people are required to make ongoing contributions to their UAs and the balances in these accounts are available to them during...
Persistent link: https://www.econbiz.de/10014058461
This chapter summarizes the literature on the evaluation of immigration policies. It brings together two strands of the literature dealing with the evaluation of labor market programs and with the economic integration of immigrants. Next to immigrant selection and settlement policies, there are...
Persistent link: https://www.econbiz.de/10013109791
Low-wage subsidies are often proposed as a solution to the unemployment problem among the low skilled. Yet the empirical evidence on the effects of low-wage subsidies is surprisingly scarce. This paper examines the employment effects of a Finnish payroll tax subsidy scheme, which is targeted at...
Persistent link: https://www.econbiz.de/10013141786
This paper develops a theory of the allocation of authority between two parties that produce impure public goods. We … impurity is very low as long as one party's investment is more important than the other party's. If the parties' investments …
Persistent link: https://www.econbiz.de/10012780020
positive program treatment effect on employment, investment and net entry but not on TFP. OLS underestimates program effects …,300 suggesting that in some respects investment subsidies can be cost effective …
Persistent link: https://www.econbiz.de/10013110849
Based on new, exceptionally informative and large German linked employer-employee administrative data, we investigate the question whether the omission of important control variables in matching estimation leads to biased impact estimates of typical active labour market programs for the...
Persistent link: https://www.econbiz.de/10013128839