This paper provides an alternative approach in explaining current account imbalances within the euro area. The inability of the ECB to react to disparities in inflation and economic growth between EMU members results in persistent real interest rate differentials, which in turn cause divergent...

Similar to numerous other European countries, Germany's unemployment policy went through a paradigm shift towards activation policy by tightening their monitoring and sanction regime. In our study we examine the impact of benefit sanctions on the probability of getting employed or leaving the...

Similar to numerous other European countries, Germany's unemployment policy went through a paradigm shift in 2005, towards activation policy by tightening their monitoring and sanction regime. With our study, we aim to provide causal evidence for whether an intended positive effect of benefit...

This comprehensive study on UB-II-sanctions in Germany, applying PSM, presents the ex-post effects of welfare sanctions on several employment states for diverse (sub-)groups of employable welfare recipients. Besides unemployed, we also regard employed, and indirectly affected household members....

This study provides the first comprehensive analysis of sanction effects on post-welfare employment quality in Europe using the outcome variables daily wage, yearly income, and covering job stability with the durations of three employment states: employed, unemployed, and supplementary benefit...

Similar to many other European countries, Germany's unemployment policy made a paradigm shift towards activation policy with a tightened monitoring and sanction regime. In our analysis, we examine the impact of benefit sanctions on the probability of getting employed or leaving the labor force....

Similar to numerous other European countries, Germany's unemployment policy went through a paradigm shift towards activation policy by tightening their monitoring and sanction regime. In our study we examine the impact of benefit sanctions on the probability of getting employed or leaving the...

This dissertation analyzes the mechanisms behind labor market dynamics from different angles. Entrepreneurship is, as well as an alternative to paid labor, a source of job creation. High rates of nascent entrepreneurship can considerably decrease unemployment if the matching of new jobs and the...