Arbeitslosenentschädigung] (unemployment pay, out-of-work benefits, dole): Generally, the transfer of payment funds to the unemployed (money given to the unemployed by the government or a compulsory para-governmental insurance system). – In Germany, unemployment assistance and social assistance have been combined under this name (Arbeitslosengeld II, abbreviated to ALG II) since the beginning of 2005. – See Brückengeld, Feiergeld, – Cf. Monthly Report of the Deutsche Bundesbank of September 2006, pp. 68 f. (explanation of the law; overview), Monthly Report of the Deutsche Bundesbank of November 2007, p. 72 (consequences of an increase in the duration of unemployment benefit; references to two empirical studies in the footnotes).
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