IWH Medium-Term Projection The IWH medium-term projection shows: If Germany wants to stick to both its current debt...
IWH Bankruptcy Research
IWH Bankruptcy Research The Bankruptcy Research Unit of the Halle Institute for...
Data Protection Policy ...
Who Buffers Income Losses after Job Displacement? The Role of Alternative Income Sources, the Family, and the State ...
Gross domestic product
Gross domestic product Gross domestic product (GDP) includes the value of all goods and services produced in an economic area during a specific period of time. It is ...
Who Buffers Income Losses after Job Displacement? The Role of Alternative Income Sources, the Family, and the State
LABOUR: Review of Labour Economics and Industrial Relations,
Using survey data from the German Socio‐Economic Panel (SOEP), this paper analyses the extent to which alternative income sources, reactions within the household context, and redistribution by the state attenuate earnings losses after job displacement. Applying propensity score matching and fixed effects estimations, we find that income from self‐employment reduces the earnings gap only slightly and severance payments buffer losses in the short run. On the household level, we find little evidence for an added worker effect whereas redistribution by the state within the tax and transfer system mitigates income losses substantially.
United Country – Three Decades After the Wall Came Down
The Berlin Wall, once the symbol of the divided Germany, has now been gone for longer than it ever existed. But the differences within the country are still visible. However, recent research suggests that different economic development does not always follow the former inner-German border. Apart from the west-east divide, differences also emerge between the south and the north or between the cities and the country.