notoriously low selfemployment rate. Empirical evidence on the effectiveness of such programmes is scarce. The contribution of the … present paper is twofold: first, we evaluate the effectiveness of two start-up programmes for the unemployed. Our outcome … the results of this analysis, we conduct an efficiency analysis, i.e., we estimate whether the Federal Employment Agency …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …

This paper analyses the efficiency of the equilibrium allocation in a matching model with two types of workers and jobs … production technologies. Finally, in an extension we derive a tax scheme that restores efficiency and we show how workers …