proposals to reform social welfare in the recent German policy debate. We analyse a specific reform proposal with the following … effects of this welfare reform proposal are simulated on the basis of an econometrically estimated partialequilibrium labour … expenditures may be substantial, although the expected labour supply and employment effects of this reform are much smaller than is …

decide to start a business. We evaluate how this policy change affects entry into self-employment. The reform significantly … increases firm creation without worsening the quality of new entrants. Firms started post-reform are initially smaller, but … employment growth, productivity, and survival rates are similar to entrants pre-reform. New entrepreneurs are also similar in …