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Fiscal spending multiplier calculations have been revived in the aftermath of the global financial crisis. Much of the current literature is based on VAR estimation methods and DSGE models. The aim of this paper is not a further deepening of this literature but rather to implement a calculation...
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There has been a long discussion about the employment impact of minimum wages and this discussion has recently been renewed with the introduction of an economy-wide, binding minimum wage in Germany in 2015. In traditional reasoning, based on the allocational approach of modern labour market...
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Age-dependent regulations have been part of the German labor market regulations since long. Following the introduction of European anti-discrimination legislation, they have come under scrutiny in recent years. Nevertheless, while age discrimination is forbidden, age-dependent regulations are...
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