The labor market integration of asylum seekers remains a contested issue. Using the EU-Labor-Force-Survey, we characterize the state of asylum seekers’ labor market integration in Europe, and provide…
The present research report estimates the fiscal effects that resulted from increasing the minimum wage to a level of 12 euros per hour in 2022, and the potential fiscal effects from increasing the minimum wage…
We structurally estimate an equilibrium search model using German administrative data and use the model for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does…
Microcredit, a financial tool providing uncollateralized loans to low-income individuals, has seen a shift from joint-liability (JL) to individual liability (IL) lending models. This article tests a theory…
This paper shows that angel investor grants encourage new investors to enter the risk finance market, where they syndicate investments with other investors. We argue that this results from the high cost of…
This policy brief analyses German professional forecasters’ views on the upcoming US presidential election in November 2024 and its impact on the German economy. Our analysis is based on recent data from the…
