In this study we examine the contribution of severance pay to employment and unemployment development using data on …-varying labor market institutions. While the positive effect of severance pay on unemployment garners some support, there is no real … indication of adverse effects for (the three) other employment outcomes identified here. Moreover, with the possible exception of …

Long-term public sector sponsored training programs often show little or negative short-run employment effects and … estimates the long-run differential employment effects of three different types of training programs in West Germany. We use … inflows into unemployment for the years 1986/87 and 1993/94 and apply local linear matching based on the estimated propensity …