The direct financial impact of the financial crisis has been to deal a heavy blow to investment-based pensions; many workers lost a substantial portion of their retirement saving. The financial sector implosion produced an economic crisis for the rest of the economy via high unemployment and...

Dieser Forschungsbericht umfasst die Ergebnisse des Gutachtens Aktualisierung von Regionalindikatoren für die deutschen Arbeitsmarktregionen. Das Gutachten wurde nach Beschluss des Unterausschusses der Gemeinschaftsaufgabe Verbesserung der regionalen Wirtschaftsstruktur am 14.10.2008 im Auftrag...

We exploit administrative data on young German workers and their employers to study the long-term effects of an early job loss. To account for non-random sorting of workers into firms with different turnover rates and for selective job mobility, we use changes over time in firm- and age-specific...