This volume was prepared by Susanne Link during her stay at the Ludwig-Maximilians-University of Munich and the Department of Human Capital and Innovation of the Ifo Institute of Economic Research. It was accepted as a doctoral thesis by the Economics Departure of the University of Munich in...

Abstract: Since unemployment rates began to rise in the mid-1970s, reducing unemployment has become a central political challenge in Germany and other European countries. Despite the current improvement of the labor market situation and decreasing rates in Germany, unemployment is still one of...