We extend the benchmark model of Aghion and Blanchard (1994), assuming two segments of the emerging private sector that differ in workers' productivity. We look at the paths of employment, wages, taxes, labor costs and profits during and after the transition, up until the shock is fully...

Die Untersuchung bewertet für eine Stichprobe von Arbeitslosengeld II-Empfängern die Auswirkungen ihrer Beteiligung an kurzzeitigen Trainingsmaßnahmen in Deutschland. Die Autoren verwenden die Methode des Propensity Score Matching und amtliche Daten über Maßnahmeteilnehmer und für eine...

Over the past several decades, the rate at which regular unemployment insurance recipients run out of benefits before they have found jobs, even in a strong labor market, has been gradually rising. For example, in 1973, 27.4 percent of UI recipients exhausted their benefits; in 2007 (with a...

Further vocational training for the unemployed aims at enhancing their job prospects. This paper analyses the effectiveness of such subsidized training programmes for means-tested unemployment benefit recipients in Germany. The empirical findings are based on rich administrative data of the...