Neben dem Schutz der Bevölkerung vor zentralenRisiken wie Krankheit und Armut ist es Aufgabedes Sozialstaates, einen Beitrag zur Verbesserungder Beschäftigungslage und wirtschaftlichen Entwicklungzu leisten. Die Verbesserung der Beschäftigungssituationgerät angesichts der nachwie vor hohen...

Sorting of people on the labor market not only assures the most productive use of valuableskills but also generates individual utility gains if people experience an optimal match betweenjob characteristics and their preferences. Based on individual data on subjective well-being it ispossible to...

In this paper we survey the recent developments in two empirical literatures at the crossroadsof labor and urban economics: Studies about localized human capital externalities (HCE) andabout the urban wage premium (UWP). After surveying the methods and main results of eachof these two...

Der Preis der schwedischen Reichsbank für Wirtschaftswissenschaften zum Gedenken an Alfred Nobelwurde im Jahr 2001 zu gleichen Teilen an die US-amerikanischen Wissenschaftler George A. Akerlof,Michael Spence und Joseph E. Stiglitz vergeben. Sie erhielten die Auszeichnung, die mit 10...

We develop a simple labour turnover model of general training. Upon completion of theirtraining, apprentices are equipped with general skills and they accumulate firm-specificskills by continuing working for their training firm. Job turnover is associated with a loss ofaccumulated firm-specific...

This paper analyzes the causality between inventor productivity and inventor mobility. Theresults show that the level of education has no influence on inventor productivity. Making useof external sources of knowledge, on the contrary, has a significant effect on productivity.Finally, firm size...

[...]This paper examines the operation of the U.S. labor marketin the 2001 recovery. Because the United States is in the middleof the recovery, ours is a real-time analysis; thus, someconclusions could change if the recovery stalls or employmentgrows suddenly. For instance, since August 2003,...