This paper analyses the importance of German wage moderation in the context of European imbalances. Using information from a New Keynesian small open economy model with labor market frictions, we derive sign restrictions for a wage markup shock. This information enables us to identify a German...

In 2005, the unemployment compensation for long-term unemployed was reduced in Germany. We examine how this reform affected the transition probability to employment. Additionally, we inspect how this effect varies over unemployment duration. We estimate proportional hazard models using German...

Start-up subsidies for the unemployed have become an important part of Active Labor Market Policy (ALMP) in many countries. Previous evaluation results show pre-dominantly (very) positive results indicating that these programs are an effective way to increase employment probabilities and income...

We study state dependence in the German welfare system and compare transition patterns before and after recent reforms of the welfare system (Hartz Reforms). Using data from the German Socio-Economic Panel, we apply dynamic multinomial logit estimators and find that welfare transitions have...

This paper analyzes the effects of short-time work (i.e., government subsidized working time reductions) on unemployment and output fluctuations. The central question is whether short-time work saves jobs in recessions. In our baseline scenario the rule based component of short-time work (i.e.,...

The classical Heckman (1976, 1979) selection correction estimator (heckit) is misspecified and inconsistent if an interaction of the outcome variable and an explanatory variable matters for selection. To address this specification problem, a full information maximum likelihood estimator and a...

The paper will present some estimates of the potential macro- and regionaleconomic effects for the German economy from hosting the football world cup 2006. The results have been prepared in the years 2000 and 2001 using the sport-economic simulation model SPORT (Ahlert 2001). The model has a...

The global dimension of environmental problems stresses the need of an internationally linked environmental environmental policy. The example of climate change policy shows, that environmental policy has to be a subject of a globally oriented international policy formulating operational targets...

In 2003 the Institute of Economic Structures Research (GWS mbH) has developed a tourism satellite account (TSA) for the Federal Republic of Germany relating to the year 2000.1 During the process of empirical compilation the Federal Statistical Office (as an external partner outside the GWS) has...

The Institute of Economic Structures Research (GWS mbH) has developed a tourism satellite account (TSA) for the Federal Republic of Germany relating to the year 2000.1 In the process of elaborating the TSA the Federal Statistical Office (as an external partner outside the GWS) has been fully...