Today, working in the industrialized countries is mainly a matter of middle-aged people (25 to 54 year old). This is particularly true in France where the participation rate for the less than 25 year old people is the smallest one in OECD countries and that for men older than 54 one of the...

This article examines recent movements in the labour force participation rate and discusses some of the influences that affect the participation rate and which are expected to continue to have an influence on the participation rate in the longer run.

Prolonging working lives, in the context of an ageing population, has been seen as a good way to improve, on the one hand, the financial sustainability of the public pension system and, on the other hand, the adequacy of the pension benefit. As the literature has shown, even when measures for...

Deutschland ist auf einem guten Weg, seine Neuverschuldung schrittweise abzubauen. Das DIW erwartet bis 2012 eine Reduktion des Defizits auf ungefähr 23 Milliarden Euro. Dies gelingt vor allem, weil die Steuereinnahmen 2011 und 2012 sprudeln und die Sozialausgaben deutlich geringer ausfallen...

Deutschland ist auf einem guten Weg, seine Neuverschuldung schrittweise abzubauen. Das DIW erwartet bis 2012 eine Reduktion des Defizits auf ungefähr 23 Milliarden Euro. Dies gelingt vor allem, weil die Steuereinnahmen 2011 und 2012 sprudeln und die Sozialausgaben deutlich geringer ausfallen...

This paper explores the role of underground economic activities as an explanation for cross-country differences in registered aggregate fluctuations. In order to do so, we develop a two-sector Real Business Cycle model calibrated to the USA economy. In our model, individuals will participate or...

This paper examines the effectiveness of active labour market policies (ALMP) in improving labour market outcomes, especially of low-skilled individuals. The empirical analysis consists of an aggregate impact approach based on a pooled cross country and time-series database for 31 advanced...

This paper explores the role of underground economic activities as an explanation of differences in registered aggregate fluctuations. In order to do so, we introduce an underground economy sector in an otherwise standard Real Business Cycle model and calibrate it to the USA economy. We find...

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are related to negative relative demand shocks against the...

Diese Arbeit untersucht empirisch den Zusammenhang von Beschäftigung und Lohnstrukturen zwischen sowie innerhalb von Qualifikations- und Altersgruppen. Zunächst werden Substitutionselastizitäten zwischen Qualifikations- und Altersgruppen geschätzt und die Lohnveränderungen bestimmt, die...