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The reaction of the German labor market to the Great Recession 2008/09 was relatively mild – especially compared to other countries. The reason lies not only in the specific type of the recession – which was favorable for the German economy structure – but also in a series of labor market...
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(ALMP) to fight unemployment in many countries in recent years. In contrast to traditional ALMP instruments like training … unemployed individuals to exit unemployment by entering self-employment and, thus, by creating their own jobs. In this sense … combat unemployment but also as business policy to promote entrepreneurship. The corresponding empirical literature on this …
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