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Policy makers view public sector-sponsored employment and training programs and other active labor market policies as tools for integrating the unemployed and economically disadvantaged into the work force. Few public sector programs have received such intensive scrutiny, and been subjected to...
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rate from unemployment to employment exceeds the exit rate from out of the labor force to employment. This evidence is … shown to be consistent with a simple job search model of productive unemployment with log concave wage offer distributions … offer distributions are log concave, the exit rate from unemployment to employment exceeds the exit rate from out of the …
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This paper examines the performance of the German economy and the role of the regulation and welfare state policies in affecting its performance. While the German economy is still strong, incentives in place are likely to impair future German competitiveness and productivity
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