by: Stefan Bach, Guido Baldi, Kerstin Bernoth, Björn Bremer, Beatrice Farkas, Ferdinand Fichtner, Marcel Fratzscher, Martin Gornig in: DIW Economic Bulletin 08/2013. While many countries in the euro area are deep in recession due to a debt and structural crisis, the German economy appears to have excelled compared to many other euro area countries. Unemployment has fallen to the lowest level since ...
From August 2013, every child in Germany who has reached his or her first birthday will have a legal right to a place in a childcare facility or family day care. What effects does this have on the mothers' economic activity and child development? Our findings show that the legal entitlement to this type of formal care is expected to lead to an increase in mothers' gainful employment of up to two percentage ...