In January 2005, the German government enacted a substantial reform of the welfare system, the so-called Hartz IV reform. This book evaluates key characteristics of the reform from a microeconometric…

• Economic Outlook for Switzerland: Almost Unchanged
• Current Economic Situation: Still Deteriorating
• Inflation Expectations: Risks to the Upside
• Interest Rates: Expectations are Unchanged
• Stock Market: Constructive…

Many European countries try to reduce seasonal unemployment by subsidizing short-time employment during the winter period. Despite such costly efforts, pronounced seasonal unemployment patterns continue to…

Erwartungen für die Transportbranche verbessern sich wieder

In den kommenden sechs Monaten ist in Deutschland mit einem überwiegend moderaten Anstieg der Transportpreise im Güterverkehr zu rechnen. Gleichzeitig…