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Graduating from a school during a time of adverse economic conditions has a persistent, harmful effect on workers' subsequent employment opportunities. An analysis of panel data from OECD countries during the 1960-2010 periods reveals that a worker who experiences a one-percentage-point higher...
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Using data from 49 European regions covering 2005-2012, this paper finds that the estimated effect of cohort size on employment and unemployment outcomes is very sensitive to the age range of the sample. We argue that this is because the identification strategy commonly used in this literature...
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In this paper we study the effect of small labor market entry cohorts on (un)employment in Western Germany. From a theoretical point of view, decreasing cohort sizes may on the one hand reduce unemployment due to "inverse cohort crowding" or on the other hand increase unemployment if companies...
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Fokus auf Risiken auf dem Arbeitsmarkt. In Kapitel 1 wird die Wirkung einer Lohnsubvention, dem sogenannten Ausbildungsbonus … einen erfolglosen Werdegang auf dem Arbeitsmarkt vermeiden. Obwohl die Subvention theoretisch Anreize setzt … generelles Maß für den Qualifikations-Mismatch, um Friktionen auf dem Arbeitsmarkt im breiten Umfang darzustellen. Die Ergebnisse …
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Standard economic theory suggests that individuals know best how to make themselves happy. Thus, policies designed to encourage "better" behaviors will only reduce people's happiness. Recently, however, economists have explored the role of impatience, especially difficulties with delaying...
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