little employment protection and low unemployment benefits, while the European model (generous benefits and higher duration …

both unemployment and employment duration. Our analysis uses a rich administrative longitudinal data set for Germany where … can be an effective tool to reduce unemployment in the long run, in particular if participation occurs early during … unemployment. Long-term training schemes increase the average duration of employment spells more strongly than short-term training …

channel through which education and earnings inequalities are transmitted across generations. Our theory suggests that …

has been central to human capital theory. The most cataclysmic negative output shock occurred in 1929/30. At this time …

composition of the labor force, between-groups wage inequality and the level of unemployment. The main result is that a labor … labor force, there is higher unemployment among low-experience workers, they do not accumulate enough on-the-job human …