Using data on the valuation of Christmas gifts received by students in different fields at a German university, we investigate whether the endowment effect differs between students of economics and other respondents and whether it varies with the market price of the object under consideration....

The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend both, on individual duration in a particular state...

Main description: Die im Rahmen der Hartz-Reformen auf den Weg gebrachten Änderungen der Arbeitsmarktgesetzgebung haben die rasche und nachhaltige Vermittlung in Arbeit, die Schaffung neuer Beschäftigungsfelder und den Bau von mehr Brücken in Beschäftigung zum Ziel. Hauptziel ist letztlich...