Little research has been done on the transition fromunemployment to self-employment as influenced by "bridging allowances"(BA) and on the effects of BA on business survival and growth.Because ofincreased levels of unemployment among German workers, the German governmenteased restrictions on...

Empirical measurement of impacts of active labour market programmes has started to become a central task of economic researchers. New improved econometric methods have been developed that will probably influence future empirical work in various other fields of economics as well. This volume...

The paper studies the power of educational investments in relation to transfers for fostering lifetime income and for reducing income inequality in Germany. The welfare analysis is based on a model of age-dependent human capital accumulation, featuring dynamic complementarities in skill...