current subsidy program underwent a major reform in 2011 that changed its key parameters: support was lowered, eligibility …-ante predictions on the post-reform effectiveness of the program are ambiguous, and knowledge about the importance of institutional … and business characteristics of participants before and after the reform and we find significant differences in terms of …

current subsidy program underwent a major reform in 2011 that changed its key parameters: support was lowered, eligibility …-ante predictions on the post-reform effectiveness of the program are ambiguous, and knowledge about the importance of institutional … and business characteristics of participants before and after the reform and we find significant differences in terms of …

experimental variation in program design is unavailable, we exploit the 2011 reform of the current German SUS program for the … estimate the impact of the reform on the program's effectiveness using samples of participants and non-participants from before … and after the reform. To control for time-constant unobserved heterogeneity as well as differential selection patterns …

distribution in the post-reform year, but also considerable noncompliance among eligible employees. In a second step, we employ a … employees in a geographical region with wages below the minimum wage prior to the reform. We document the reform's positive … effect at the bottom of the wage distribution. However, we find a negative effect of the reform on contractual hours worked …

distribution in the post-reform year, but also considerable noncompliance among eligible employees. In a second step, we employ a … employees in a geographical region with wages below the minimum wage prior to the reform. We document the reform's positive … effect at the bottom of the wage distribution. However, we find a negative effect of the reform on contractual hours worked …