We show that parties in bilateral trade can rely on the default common law breach remedy of 'expectation damages' to induce simultaneously first-best relationship-specific investments of both the selfish and the cooperative kind. This can be achieved by writing a contract that specifies a...

Der Beitrag gibt einen ergebnisorientierten Überblick über den Stand der Evaluation der aktiven Arbeitsmarktpolitik in Deutschland. Die Befunde weisen überwiegend darauf hin, dass die meisten Maßnahmen bzw. Instrumente (als solche werden Maßnahmen bezeichnet, die auf der Grundlage einer...

In Germany, due to special rules 15- to 24-year-old welfare recipients, registered with Public Employment Office, are highly targeted by mandatory activation policies. This paper investigates the effects of the special rules in terms of enhancing the (re-)employment probability, increasing...

Bringing welfare recipients into jobs is a major goal of German labour market policy since a reform of the year 2005. Direct job creation providing participants with tem-porary subsidized jobs mainly in the non-profit sector plays an important role for achieving this goal. There are three...

Social welfare systems usually imply specific obligations for benefit recipients. If a recipient does not comply with these obligations, a sanction involving a punitive benefits reduction may be imposed. In this paper we give an overview of the literature on the effects of sanctions in social...

"This report presents results from a qualitative study on the implementation of a startup subsidy for unemployed welfare recipients (the so-called 'Einstiegsgeld'). Our central findings are: - After the introduction of Einstiegsgeld in 2005 the inflow into the start-up subsidy reached an early...

"The German workfare programme 'One-Euro-Jobs' can be used for different goals. On the one hand, they aim at improving employment prospects of long-term jobless welfare recipients. On the other hand, they can also be used to test the willingness to work of welfare recipients. Based on data from...