"This paper describes the practical implementation of hiring vouchers in Germany. According to our proposal, employers receive vouchers for hiring long-term unemployed, low-ability workers. Thereby labor costs are reduced for a limited period of time. The size of the vouchers increases with the...

It is often proposed that capital income tax rates be harmonized. Otherwise, a “race to the bottom” will occur and lead to governments not being able to perform their usual tasks. However, the development of corporate income tax revenues in relation to GDP does not indicate that a race to...

"This paper describes the practical implementation of hiring vouchers in Germany. According to our proposal, employers receive vouchers for hiring long-term unemployed, low-ability workers. Thereby labor costs are reduced for a limited period of time. The size of the vouchers increases with the...