Mit zunehmender Globalisierung und beschleunigtem technologischem Wandel kommt den sogenannten Humanressourcen eine immer größere Bedeutung für die Wettbewerbsfähigkeit eines Landes und seiner Unternehmen zu. Dabei hängt die Qualität der Humanressourcen einerseits von staatlichen...

This paper shows that the effects of employment protection critically depend on its enforcement. For this purpose, we capture evasion of employment protection via market exit in a setting of monopolistic competition. We find that the number of firms entering the market depends on firing costs...

This paper discusses the relationship between education and crime from an economic perspective, developing a human capital-based model that sheds light on key ways in which early childhood programs and policies that encourage schooling may affect both juvenile and adult crime. The paper first...

Standard search models are inconsistent with the amount of frictional wage dis- persion found in U.S. data. We resolve this apparent puzzle by modeling skill development (learning by doing on the job, skill loss during unemployment) and duration dependence in unemployment benefits in a random on...