The paper evaluates the treatment effects of the wage subsidy program in Hamburg with propensity score matching as well as linear regressions. It is found that the estimated treatment effects differ only slightly between both methods. When analysing heterogeneous treatment effects, however,...

The study examines, what forms and instruments firms use to react flexibly to demand-induced output fluctuations, and, if they are used in a complementary or substitutable way. Empirical evidence shows a rather complementary relationship. Moreover, the determinants of temporary employment...

This research note uses two German datasets the large-scale German Socioeconomic Panel and unique data from own student questionnaires to analyse the relationship between risk aversion and the choice for public sector employment. Main results are (1) more risk-averse individuals sort into public...