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reservation wages, using data from the German Socio-Economic Panel. The longitudinal aspect of the dataset provides an interesting … perspective on the dynamics of reservation wages and their correlations with accepted wage offers for workers who make the … transition from unemployment to employment. The findings have important policy implications as well, since they shed some light …
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Data from the German Socio-Economic Panel are used to examine the roles of individual heterogeneity and job match quality in generating commonly observed wage-tenure profiles. The evidence presented in the paper indicates that once those factors are reflected in the estimations, the returns to...
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Many policy actions of the CMU have the objective to enhance access to finance for the so-called backbone of the European economy-the SMEs. The CMU aims at improving the framework conditions for SME financing, at strengthening bank lending-as the most important external financing source for...
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