policies for the welfare state are analysed: Unemployment accounts, employment subsidies and flexicurity. Finally, a new … encouraged to stabilize themselves if hurt from globalization. This dissertation examines several labour market policies with … various incentive models of the labour market, which explain the microeconomic decisions relevant to the transitions in the …

Generous income support programs as provided by European welfare states have often been blamed to hamper employment …

normal retirement age in Germany did not prolong employment of older men. The reason for this surprising result is that … employers encouraged their employees to use the bridge options unemployment or partial retirement instead of the early … retirement option for the long-term insured. Bridge options allowed employers to terminate employment considerably earlier than …