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We characterize how public insurance schemes are constrained by hidden financial transactions. When non-exclusive private insurance entails increasing unit transaction costs, public transfers are only partly offset by hidden private transactions, and can influence consumption allocation. We show...
Persistent link: https://www.econbiz.de/10013137517
Denmark has drawn much attention for its active labor market policies, but is almost unique in offering a voluntary public unemployment insurance program requiring a significant premium payment. A safety net program – a less generous, means-tested social assistance plan – completes the...
Persistent link: https://www.econbiz.de/10013029150
Unemployment Insurance Savings Accounts (UISAs) entitle workers to unemployment benefits at the expense of future pension payments. Therefore, such accounts make unemployment less attractive, intensify job search, and raise employment. In the present paper the wage and employment consequences of...
Persistent link: https://www.econbiz.de/10013316731
We present results from a field experiment testing the gift-exchange hypothesis inside a treeplantingfirm paying its workforce incentive contracts. Firm managers told a crew of treeplanters they would receive a pay raise for one day as a result of a surplus not attributable topast planting...
Persistent link: https://www.econbiz.de/10005863220
and households and the aggregate economy of Germany. We adopt alternative micro-foundations for agglomeration economies … Germany's labor markets, housing rents, and household travel-to-work data, to estimate the population elasticities of urban … benefits and costs. We are the first to establish elasticities for urban costs for Germany, an estimated elasticity of …
Persistent link: https://www.econbiz.de/10014350676
In this paper, we use a novel firm level dataset for Germany to investigate the effect of sanctions on export behaviour …
Persistent link: https://www.econbiz.de/10014356495
We provide new evidence of forward-looking labor supply responses to changes in pension wealth. We exploit a 2014 German reform that increased pension wealth for mothers by an average of 4.4% per child born before January 1, 1992. Using administrative data on the universe of working histories,...
Persistent link: https://www.econbiz.de/10014356760
This paper studies whether individuals that experienced parental unemployment during their childhood/early adolescence have poorer health once they reach the adulthood. We used data from the German Socio-Economic Panel from 2002 until 2018. Our identification strategy of the causal effect of...
Persistent link: https://www.econbiz.de/10014356976
This paper explores the determinants of individual well-being as measured by self-reported levels of satisfaction with income. Making full use of the panel data nature of the German Socio-Economic Panel, we provide empirical evidence for well-being depending on absolute and on relative levels of...
Persistent link: https://www.econbiz.de/10012756895
This article investigates the relationship between individual wages and height using the German Socio-Economic Panel where five hypotheses are tested. Some explanations of a positive link exist and empirical studies confirm this hypothesis. In contrast to previous investigations which are only...
Persistent link: https://www.econbiz.de/10012756948