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government. The risk to taxpayers from this investment would be acceptable, however, once the banks are freed from toxic assets … addition, the risk of moral hazard is curtailed. The comparison of the proposed design with the bad bank plan of the German …
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Labor market programs may affect unemployed individuals' behavior before they enroll. Such ex ante effects may differ according to ethnic origin. We apply a novel method that relates self-reported perceived treatment rates and job search behavioral outcomes, such as the reservation wage or...
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With the Hartz reforms active labor market policies in Germany were overhauled considerably. The paper reviews the recent evaluation findings and draws some conclusion for the future setup of active labor market policies in Germany. It argues in favor of a streamlined repertoire of active labor...
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