German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather...

Sowohl ein hoher Lohn als auch ein sicherer Arbeitsplatz werden von Arbeitnehmern als wünschenswert empfunden. Dieser Trade-off zwischen Sicherheit und Lohnhöhe wird für West- und Ostdeutschland separat untersucht. Dabei findet sich in Westdeutschland das Bild, dass — unter...

This paper focuses on gender differences in the role played by locus of control within a model that predicts outcomes for men and women at two opposite poles of the labour market: high level managerial / leadership positions and unemployment. Based on data from the German Socio-Economic Panel,...

In the modern welfare state, people who cannot make a living usually receive financial assistance from public funds. Accordingly, the so-called social work norm against living off other people is violated, which may be the reason why the unemployed are so unhappy. If so, however, labour market...

Nach den Armuts- und Reichtumsberichten der Bundesregierung hat die Einkommensarmut in Deutschland den höchsten Stand seit 20 Jahren erreicht. Dieser statistische Befund wird vielfach als Beleg für die Existenz und das Wachstum einer "abgehängten Unterklasse" gesehen. In anderen Szenarien...

Durch die Zusammenlegung von Sozialhilfe und Arbeitslosenhilfe zum Arbeitslosengeld II kam es zu starken Veränderungen bei den verfügbaren Einkommen der Leistungsbezieher. Mehr als die Hälfte der Personen in Haushalten, die zuvor entweder Arbeitslosenhilfe oder Sozialhilfe bezogen, mussten...

We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour tax cuts in an economy where wages are determined through firm-union bargaining at the sectoral level. In such a labour market regime, simulations for Germany show that labour...

Forward-looking behavior on the part of the monetary authority leads least squares estimates to understate the true growth consequences of monetary policy interventions. We present instrumental variables estimates of the impact of interest rates on real output growth for several European...

Empirical research on the determinants of right and left-wing extremist election successes is still dominated by descriptive statistical methods. The existing literature in political economy and political science mainly relies on interviews and survey results as well as on qualitative analyses...

Our analysis of the survival of firms leads to the important result that the hypotheses about differences between various industries in the life duration of new firms and about the importance of the region of location for the probability of survival are confirmed. Many more enterprises are...