Public works programmes (PWPs) are widely used social protection instruments in low- and middle-income countries. Participants carry out temporary, labour-intensive works in exchange for cash or in-kind compensation. The available empirical evidence indicates that these programmes are usually...

Digitization has spurred interest in the potential of statistical profiling to improve the targeting of active labor market policies. Despite growing adoption, empirical evidence on the effectiveness of such profiling in program allocation is scarce. We evaluate a semi-automated statistical...

Ein Pfeiler der deutschen Rüstungskontrollpolitik, nämlich die vertragsbasierte Begrenzung der Atomwaffenarsenale Russlands und der USA, steht vor dem Aus. Zur Kooperation ist Russland nicht mehr bereit. Die Bundesregierung erkennt die Lage als Zäsur und will ihre Politik neu ausrichten. Sie...

Recent survey evidence suggests that investors form beliefs about future stock returns by predominantly extrapolating their own experience: They overweight returns they have personally experienced while underweighting returns from earlier years and consequently expect high (low) stock market...