This paper investigates the potential reasons for the surprisingly different labor market performance of the United States, Canada, Germany, and several other OECD countries during and after the Great Recession of 2008-09. Unemployment rates did not change substantially in Germany, increased and...

In the last few decades there is a clear shift of employment shares from the manufacturing sector to the service sector in the US and in many industrialized countries. At the same time, the structure of residual wages changes considerably, within and across sectors. To understand the sources of...

In the last few decades there is a clear shift of the U.S. economy from the non-service sector to the service sector. We document the patterns of changes in the employment share in services, the transition rates of workers between the two sectors and between different employment status, the...

We study the wage and employment effects of a German place-based policy using a research design that exploits conditionally exogenous EU-wide rules governing the program parameters at the regional level. The place-based program subsidi- zes investments to create jobs with a subsidy rate that...