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Can Training Programs or Rather Wage Subsidies Bring the Unemployed Back to Work? A Theoretical and Empirical Investigation for Germany

Neubäumer, Renate - 2010

administrative data set from Germany and statistical matching techniques. Our treatment groups consist of unemployed persons taking …

Persistent link: https://www.econbiz.de/10013144940

Optimal Use of Labor Market Policies : The Role of Job Search Assistance

Wunsch, Conny - 2010

This paper studies the role of job search assistance programs in optimal welfare-to-work programs. The analysis is based on a framework, that allows for endogenous choice of benefit types and levels, wage taxes or subsidies, and activation measures such as monitoring and job search assistance...

Persistent link: https://www.econbiz.de/10013147543

Unemployment Accounts and Employment Incentives

Brown, Alessio J.G; Orszag, J. Michael; Snower, Dennis J. - 2008

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

Wage Subsidies for Needy Job-Seekers and Their Effect on Individual Labour Market Outcomes after the German Reforms

Bernhard, Sarah; Gartner, Hermann; Stephan, Gesine - 2021

Our paper estimates the average effect of wage subsidies - paid to employers for a limited period of time - on the labour market prospects of needy job-seekers without access to insurance-paid 'unemployment benefit I'. The results show that wage subsidies had large and significant favourable...

Persistent link: https://www.econbiz.de/10013324897

Fiscal Multipliers and the Labour Market in the Open Economy

Faia, Ester - 2010

Several contributions have recently assessed the size of fiscal multipliers both in RBC models and New Keynesian models. None of the studies considers a model with frictional labour markets which is a crucial element, particularly at times in which much of the fiscal stimulus has been directed...

Persistent link: https://www.econbiz.de/10013146168

Regional Consumption Responses and the Aggregate Fiscal Multiplier

Dupor, Bill; Karabarbounis, Marios; Kudlyak, Marianna; … - 2022

responses to an aggregate fiscal multiplier using a multi-region, New Keynesian model with heterogeneous agents, incomplete … markets, and trade linkages. Our model is consistent with the estimated positive local multiplier, a result that distinguishes … multiplier is twice as large as the local multiplier because trade linkages propagate the effect of government spending across …

Persistent link: https://www.econbiz.de/10014083720

Short-Time Work : The German Answer to the Great Recession

Brenke, Karl - 2011

Short-time work was the "German answer" to the economic crisis. The number of short-time workers strongly increased in the recession and peaked at more than 1.5 million. Without the extensive use of short-time work, unemployment would have risen by approximately twice as much as it actually did....

Persistent link: https://www.econbiz.de/10013123586

Estimating the Impact of Immigrants on the Host Country Social Security System When Return Migration is an Endogenous Choice

Kïrdar, Murat G. - 2010

In this paper, I estimate the fiscal impact of immigrants on the German pension insurance (PI) and unemployment insurance (UI) systems when return migration is an endogenous choice. For this purpose, I develop a dynamic stochastic model of joint return migration and saving decisions that...

Persistent link: https://www.econbiz.de/10013144386

New Evidence on Long-Term Effects of Start-Up Subsidies : Matching Estimates and Their Robustness

Caliendo, Marco - 2019

The German start-up subsidy (SUS) program for the unemployed has recently undergone a major make-over, altering its institutional setup, adding an additional layer of selection and leading to ambiguous predictions of the program's effectiveness. Using propensity score matching (PSM) as our main...

Persistent link: https://www.econbiz.de/10012870229

Do Start-Up Subsidies for the Unemployed Affect Participants' Well-Being? A Rigorous Look at (Un-)Intended Consequences of Labor Market Policies

Caliendo, Marco - 2019

We estimate the long-term effects of start-up subsidies (SUS) for the unemployed on subjective outcome indicators of well-being, as measured by the participants' satisfaction in different domains. This extends previous analyses of the current German SUS program ("Gründungszuschuss") that...

Persistent link: https://www.econbiz.de/10012859296

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