This paper analyzes the role of the extensive vis-à-vis the intensive margin of labor adjustment in Germany and in the United States. The contribution is twofold. First, we provide an update of older U.S. studies and confirm the view that the extensive margin (i.e., the adjustment in the number...

This paper provides a theoretical and quantitative analysis of various types of wellknown employment subsidies. Two important questions are addressed: (i) How should employment subsidies be targeted? (ii) How large should the subsidies be? We consider measures involving targeting workers with...

This paper deals with the hypothesis of mismatch unemployment in West Germany by calculating skills-specific Beveridge curves. The results show that the mismatch for the group of unskilled is much higher than for the group of skilled and that this mismatch has increased in the last years. The...

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time over which workers...

Im Rahmen eines Vergleichs der amerikanischen und britischen Systeme der Arbeitslosenversicherung wird gezeigt, daß das amerikanische System, auch anders als das deutsche, eine negative Rückkopplung zwischen den Ausgaben für die Arbeitslosenversicherung und der Höhe der Freisetzung von...

Es wird untersucht, wie ein System privater Versicherungen gegen das Risiko der Arbeitslosigkeit beschaffen sein sollte. Zu dem Zweck wird ein Trennsystem vorgeschlagen, das Arbeitnehmern und Arbeitgebern gleichermaßen Anreize zur Verminderung von Arbeitslosigkeit gibt. Für die Arbeitnehmer...

Using data for German and Swedish multinational enterprises (MNEs), this paper assesses international employment patterns. It analyzes determinants of location choice and the degree of substitutability of labor across locations. Countries with highly skilled labor forces attract German MNEs, but...

This paper develops a methodology for estimating the parameters of dynamic opinion or expectation formation processes with social interactions. We study a simple stochastic framework of a collective process of opinion formation by a group of agents who face a binary decision problem. The...

This paper studies the impact of outsourcing on individual wages in three European countries with markedly different labour market institutions: Germany, the UK and Denmark. To do so we use individual level data sets for the three countries and construct comparable measures of outsourcing at the...