As in most industrialized countries, the inequality regarding the distribution of house-hold incomes in Germany has steadily increased. By collecting taxes and granting mon-etary transfers, the government tries to affect the personal distribution of incomes. Whereas the supply of redistribution...

Ähnlich wie in anderen europäischen Ländern wurde der Einsatz von befristeten Beschäftigungsverhältnissen in Deutschland seit den 1980ern vereinfacht. Als Folge dieser Vereinfachungen nimmt die Bedeutung dieser Beschäftigungsform als Instrument zur Flexibilisierung der Arbeitsnachfrage...

The main instrument of monetary policy in industrialized countries is currently a short-term interest rate. It typically remains unchanged during long spans of time. This paper tries to answer three questions. Why do Central Banks change targeted interest rates so seldom? How should we estimate...

Zehn Jahre nach Ausbruch der weltweiten Finanz- und Wirtschaftskrise, die ihren Ursprung auf dem US-amerikanischen Immobilienmarkt hatte, steigen angesichts weltweit zunehmender Preise für Wohneigentum die Sorgen vor neuen Immobilienpreisblasen. Dieser Wochenbericht zeigt auf Basis von...

In April 1995, 5.3 million people in Germany were on the lookout for a new job opportunity. 177,000 or nearly 3% of those were searching for an opportunity to get self-employed. In this study the determinants of the lookout for selfemployment in lieu of wage work are investigated separately for...

Fixed-term contracts are considerd as one of the most popular instruments of labour market flexibility. Although they provide new labour market options for employer and employees, it is argued that they may lead to decreasing investments in human capital. From the theoretical point of view it is...

The wage effects of fixed-term contracts (FTCs) are analysed with the GSOEP for West Germany. Different estimators which take into account selection bias are used. It is shown that propensity score matching estimators which are usually applied for the evaluation of active labour market...

Fixed-term contracts are considerd as one of the most popular instruments of labour market flexibility. Although they provide new labour market options for employer and employees, it is argued that they may lead to decreasing investments in human capital. From the theoretical point of view it is...

In April 1995, 5.3 million people in Germany were on the lookout for a new job opportunity. 177,000 or nearly 3% of those were searching for an opportunity to get self-employed. In this study the determinants of the lookout for selfemployment in lieu of wage work are investigated separately for...

Early-warning models most commonly optimize signaling thresholds on crisis probabilities. The ex-post threshold optimization is based upon a loss function accounting for preferences between forecast errors, but comes with two crucial drawbacks: unstable thresholds in recursive estimations and an...