Schneider, Hilmar; Uhlendorff, Arne; Zimmermann, Klaus F. - In: Journal of Economics and Statistics (Jahrbuecher fuer … 233 (2013) 1, pp. 65-85
A common problem of welfare states consists of a high unemployment risk for low-skilled workers. This is often attributed to a lack of jobs for the low-skilled, but it may as well be caused by a lack of incentives to work. Low-skilled workers are easily substitutable and therefore have little...
