Total employment in Germany is supposed to increase if people are able to realize their desired working hours. However, this back-of-the-envelope calculation overestimates the effect of loosening hours…
The paper addresses the question how policy decisions under uncertainty depend on the underlying welfare concept. We study three different welfare measures: The first is directly based on the ex ante (expected)…
This paper examined the employment effects of a revenue neutral cut in the social security contribution rate in Germany by running policy simulations in four different types of macroeconomic models. Two models…
