When workers are displaced from their jobs in mass layoffs or firm closures, they experience lasting adverse labor market consequences. We study how these consequences vary with the amount of skill mismatch that workers experience when returning to the labor market. Using novel measures of skill...

Die Bundesländer haben bei der aktiven Arbeitsmarkt- und Beschäftigungspolitik erheblichen Gestaltungsspielraum. Wie sie ihn für konkrete Handlungsstrategien, Programme und Instrumente nutzen und wie erfolgreich sie damit sind, untersucht die Studie »Die Bundesländer im Fokus«....

Knowledge-based capital is a key factor for productivity growth. Over the past 15 years, it has been increasingly recognised that knowledge-based capital comprises much more than technological knowledge and that these other components are essential for understanding productivity developments and...