Marco Caliendo

Research Fellow and Associated Member

University of Potsdam

External Homepage CV

Research Interests

Marco Caliendo is Professor of Empirical Economics at the University of Potsdam. He studied economics at the University of Manchester and the Goethe-University of Frankfurt where he also received his PhD in April 2005. From January 2005 until July 2007 he worked for the DIW in Berlin as a Senior Research Associate in the Public Economics Department.

His current research interests include the evaluation of labor market programs, job search and unemployment dynamics, self-employment/entrepreneurship, the influence of personality traits on economic outcomes, and applied microeconometrics. His work has been published in journals such as Review of Economics and Statistics, European Economic Review, Journal of Human Resources, Research Policy, Journal of Public Economics, Journal of Applied Econometrics, Journal of Economic Behavior and Organization, Oxford Bulletin of Economics and Statistics, Journal of Population Economics, Journal of Economic Psychology and Small Business Economics.

He joined IZA as a Senior Research Associate in August 2007 and served as Deputy Program Director for the IZA research area "Evaluation of Labor Market Programs" until January 2009. From February 2009 until September 2011 he served as Director of Research at IZA. From 2011-2023 Marco Caliendo acted as Program Coordinator of IZA’s research area “Evaluation of Labor Market Programs”. He continues to work closely with IZA's local team as an Associated Member.

You can access most of his papers also on RePEC at http://ideas.repec.org/e/pca21.html.

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IZA Publications

IZA Discussion Paper No. 17436
Long-Term Employment Effects of the Minimum Wage in Germany: New Data and Estimators
Marco Caliendo, Nico Pestel, Rebecca Olthaus
published in: Labour Economics, 2025, 92, 102648
IZA Discussion Paper No. 17198
The Accuracy of Job Seekers' Wage Expectations
Marco Caliendo, Robert Mahlstedt, Aiko Schmeißer, Sophie Wagner
IZA Discussion Paper No. 16443
Divergent Thinking and Post-Launch Entrepreneurial Outcomes: Non-Linearities and the Moderating Role of Experience
Marco Caliendo, Daniel Rodriguez
published in: Small Business Economics, 2024, 62, 1523-1553
IZA Discussion Paper No. 16061
Locus of Control and the Preference for Agency
Marco Caliendo, Deborah A. Cobb-Clark, Juliana Silva Goncalves, Arne Uhlendorff
published in: European Economic Review, 2024, 165, 104737
IZA Discussion Paper No. 15848
Self-Efficacy and Entrepreneurial Performance of Start-Ups
Marco Caliendo, Alexander S. Kritikos, Daniel Rodriguez, Claudia Stier
published in: Small Business Economics, 2023, 61, 1027–1051
IZA Discussion Paper No. 15793
The Influence of Start-up Motivation on Entrepreneurial Performance
Marco Caliendo, Alexander S. Kritikos, Claudia Stier
published in: Small Business Economics, 2023, 61, 869-889.
IZA Discussion Paper No. 15260
Pandemic Depression: COVID-19 and the Mental Health of the Self-Employed
Marco Caliendo, Daniel Graeber, Alexander S. Kritikos, Johannes Seebauer
published in: Entrepreneurship Theory and Practice, 2023, 47(3), 788–830
IZA Discussion Paper No. 15043
Managers' Risk Preferences and Firm Training Investments
Marco Caliendo, Deborah A. Cobb-Clark, Harald Pfeifer, Arne Uhlendorff, Caroline Wehner
published in: European Economic Review, 2024, 161, 104616
IZA Discussion Paper No. 15011
The Intended and Unintended Effects of Promoting Labor Market Mobility
Marco Caliendo, Steffen Künn, Robert Mahlstedt
published online in: Review of Economics and Statistics, 29 November 2023
IZA Discussion Paper No. 14926
Did the Minimum Wage Reduce the Gender Wage Gap in Germany?
Marco Caliendo, Linda Wittbrodt
published in: Labour Economics, 2022, 78, 102228
IZA Discussion Paper No. 14209
Design and Effectiveness of Start-up Subsidies: Evidence from a Policy Reform in Germany
Marco Caliendo, Stefan Tübbicke
published in: Economic Analysis and Policy, 2021, 70, 333 - 340
IZA Discussion Paper No. 13846
Side Effects of Labor Market Policies
Marco Caliendo, Robert Mahlstedt, Gerard J. van den Berg, Johan Vikström
published in: Scandinavian Journal of Economics, 2023, 125 (2), 339 - 375
IZA Discussion Paper No. 13828
Risk Preferences and Training Investments
Marco Caliendo, Deborah A. Cobb-Clark, Cosima Obst, Arne Uhlendorff
revised version published in: Journal of Economic Behaviour and Organization, 2023, 205, 668-686
IZA Discussion Paper No. 13273
Drinking Is Different! Examining the Role of Locus of Control for Alcohol Consumption
Marco Caliendo, Juliane Hennecke
revised version published in: Empirical Economics, 2022, 63, 2785 - 2815
IZA Discussion Paper No. 12755
Do Start-Up Subsidies for the Unemployed Affect Participants' Well-Being? A Rigorous Look at (Un-)Intended Consequences of Labor Market Policies
Marco Caliendo, Stefan Tübbicke
published in: Evaluation Review, 2022, 46 (5), 517-554
IZA Discussion Paper No. 12742
What Makes an Employer?
Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
revised version published as 'Personality characteristics and the decision to hire' in: Industrial and Corporate Change, 2022, 31 (3), 736-761
IZA Discussion Paper No. 12690
Catching up or Lagging Behind? The Long-Term Business and Innovation Potential of Subsidized Start-Ups out of Unemployment
Marco Caliendo, Steffen Künn, Martin Weissenberger
published in: Research Policy, 2020, 49 (10), 1-14
IZA Discussion Paper No. 12607
Entrepreneurial Persistence beyond Survival: Measurement and Determinants
Marco Caliendo, Maximilian Göthner, Martin Weißenberger
published in: Journal of Small Business Management, 2020, 58 (3), 617-647.
IZA Discussion Paper No. 12261
New Evidence on Long-Term Effects of Start-Up Subsidies: Matching Estimates and Their Robustness
Marco Caliendo, Stefan Tübbicke
published in: Empirical Economics, 2020, 59 (4), 1605-1631
IZA Discussion Paper No. 12043
The Causal Effects of the Minimum Wage Introduction in Germany: An Overview
Marco Caliendo, Carsten Schröder, Linda Wittbrodt
published in: German Economic Review, 2019, 20 (3), 257-292
IZA Discussion Paper No. 11246
The Short-Term Distributional Effects of the German Minimum Wage Reform
Marco Caliendo, Alexandra Fedorets, Malte Preuß, Carsten Schröder, Linda Wittbrodt
substantially revised version published as 'The short- and medium-term distributional effects of the German minimum wage reform' in: Empirical Economics, 2023, 64, 1149 - 1175
IZA Discussion Paper No. 11190
The Short-Run Employment Effects of the German Minimum Wage Reform
Marco Caliendo, Alexandra Fedorets, Malte Preuß, Carsten Schröder, Linda Wittbrodt
published in: Labour Economics, 2018, 53, 46-62
IZA Discussion Paper No. 11169
Mobility Assistance Programmes for Unemployed Workers, Job Search Behaviour and Labour Market Outcomes
Marco Caliendo, Steffen Künn, Robert Mahlstedt
substantially revised version available as IZA DP No. 15011
IZA Discussion Paper No. 11055
The Post-Reform Effectiveness of the New German Start-Up Subsidy for the Unemployed
Lutz Bellmann, Marco Caliendo, Stefan Tübbicke
published in: LABOUR: Review of Labour Economics and Industrial Relations, 2018, 32(3), 293-319
IZA Discussion Paper No. 10406
Locus of Control and Investment in Training
Marco Caliendo, Deborah A. Cobb-Clark, Helke Seitz, Arne Uhlendorff
published in: Journal of Human Resources, 2022, 57(4), 1311-1349
IZA Discussion Paper No. 10177
Earnings Exemptions for Unemployed Workers: The Relationship between Marginal Employment, Unemployment Duration and Job Quality
Marco Caliendo, Steffen Künn, Arne Uhlendorff
published in: Labour Economics, 2016, 42, 177-193
IZA Discussion Paper No. 9628
Personality Traits and the Evaluation of Start-Up Subsidies
Marco Caliendo, Steffen Künn, Martin Weißenberger
published in: European Economic Review, 2016, 86, 87-108
IZA Discussion Paper No. 9600
Job Search, Locus of Control, and Internal Migration
Marco Caliendo, Deborah A. Cobb-Clark, Juliane Hennecke, Arne Uhlendorff
substantially revised version published as 'Locus of Control and Internal Migration' in: Regional Science and Urban Economics, 2019, 79, 1-19.
IZA Discussion Paper No. 9488
Youth Unemployment and Active Labor Market Policies in Europe
Marco Caliendo, Ricarda Schmidl
published in: IZA Journal of Labor Policy, 2016, 5 (1), 1-30
IZA Discussion Paper No. 9183
The Return to Labor Market Mobility: An Evaluation of Relocation Assistance for the Unemployed
Marco Caliendo, Steffen Künn, Robert Mahlstedt
revised version published in: Journal of Public Economics, 2017, 148, 136-151
IZA Discussion Paper No. 8972
Home-Ownership, Unemployed's Job Search Behavior and Post-Unemployment Outcomes
Marco Caliendo, Anne C. Gielen, Robert Mahlstedt
published in: Economics Letters, 2015, 137, 218-221
IZA Discussion Paper No. 8817
Subsidized Start-Ups out of Unemployment: A Comparison to Regular Business Start-Ups
Marco Caliendo, Jens Hogenacker, Steffen Künn, Frank Wießner
published in: Small Business Economics, 45(1), 2015, 165-190
IZA Discussion Paper No. 8337
Unobservable, but Unimportant? The Influence of Personality Traits (and Other Usually Unobserved Variables) for the Evaluation of Labor Market Policies
Marco Caliendo, Robert Mahlstedt, Oscar A. Mitnik
substantially revised version published in: Labour Economics, 2017, 46, 14-25.
IZA Discussion Paper No. 8305
The Gender Wage Gap: Does a Gender Gap in Reservation Wages Play a Part?
Marco Caliendo, Wang-Sheng Lee, Robert Mahlstedt
substantially revised version published in: Journal of Economic Behavior and Organization, 2017, 136, 161-173.
IZA Discussion Paper No. 7971
The IZA Evaluation Dataset Survey: A Scientific Use File
Patrick Arni, Marco Caliendo, Steffen Künn, Klaus F. Zimmermann
revised version published in: IZA Journal of European Labor Studies, 2014, 3 (6), 1-20
IZA Discussion Paper No. 7947
Obesity and the Labor Market: A Fresh Look at the Weight Penalty
Marco Caliendo, Markus Gehrsitz
published in: Economics and Human Biology, 2016, 23, 209-225
IZA Discussion Paper No. 7460
Regional Effect Heterogeneity of Start-Up Subsidies for the Unemployed
Marco Caliendo, Steffen Künn
published in: Regional Studies, 2014, 48 (6), 1108-1134
IZA Discussion Paper No. 6830
Getting Back into the Labor Market: The Effects of Start-Up Subsidies for Unemployed Females
Marco Caliendo, Steffen Künn
published in: Journal of Population Economics, 2015, 28(4), 1005-1043
IZA Discussion Paper No. 6810
The German Labor Market after the Great Recession: Successful Reforms and Future Challenges
Marco Caliendo, Jens Hogenacker
published in: IZA Journal of European Labor Studies, 2012, 1(3), 1-24
IZA Discussion Paper No. 6499
Marginal Employment, Unemployment Duration and Job Match Quality
Marco Caliendo, Steffen Künn, Arne Uhlendorff
substantially revised version available as IZA DP No. 10177
IZA Discussion Paper No. 6222
Fighting Youth Unemployment: The Effects of Active Labor Market Policies
Marco Caliendo, Steffen Künn, Ricarda Schmidl
IZA Discussion Paper No. 6035
Alte Idee, neues Programm: Der Gründungszuschuss als Nachfolger von Überbrückungsgeld und Ich-AG
Marco Caliendo, Jens Hogenacker, Steffen Künn, Frank Wießner
published in: Zeitschrift für ArbeitsmarktForschung / Journal for Labour Market Research, 2012, 45 (2), 99-123
IZA Discussion Paper No. 5795
Fat Chance! Obesity and the Transition from Unemployment to Employment
Marco Caliendo, Wang-Sheng Lee
published in: Economics and Human Biology, 2013, 11 (2), 121-133
IZA Discussion Paper No. 5790
Searching for the Entrepreneurial Personality: New Evidence and Avenues for Further Research
Marco Caliendo, Alexander S. Kritikos
published in: Journal of Economic Psychology, 2012, 33 (2), 319-324
IZA Discussion Paper No. 5566
Personality Characteristics and the Decision to Become and Stay Self-Employed
Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
revised version published in: Small Business Economics, 2014, 42 (4), 787-814
IZA Discussion Paper No. 5485
The Threat Effect of Participation in Active Labor Market Programs on Job Search Behavior of Migrants in Germany
Annette Bergemann, Marco Caliendo, Gerard J. van den Berg, Klaus F. Zimmermann
published in: International Journal of Manpower, 2011, 32 (7), 777-795
IZA Discussion Paper No. 5400
The IZA Evaluation Dataset: Towards Evidence-Based Labor Policy-Making
Marco Caliendo, Armin Falk, Lutz C. Kaiser, Hilmar Schneider, Arne Uhlendorff, Gerard J. van den Berg, Klaus F. Zimmermann
published in: International Journal of Manpower, 2011, 32 (7), 731-752
IZA Discussion Paper No. 5379
Determinanten des Suchverhaltens von Arbeitslosen: Ausgewählte Erkenntnisse basierend auf dem IZA Evaluationsdatensatz
Marco Caliendo, Arne Uhlendorff
published in: Zeitschrift für ArbeitsmarktForschung / Journal for Labour Market Research, 2011, 44 (1-2), 119-125
IZA Discussion Paper No. 5370
Trust, Positive Reciprocity, and Negative Reciprocity: Do These Traits Impact Entrepreneurial Dynamics?
Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
published in: Journal of Economic Psychology, 2012, 33 (2), 394-409
IZA Discussion Paper No. 5165
Social Networks, Job Search Methods and Reservation Wages: Evidence for Germany
Marco Caliendo, Ricarda Schmidl, Arne Uhlendorff
published in: International Journal of Manpower, 2011, 32 (7), 796-824
IZA Discussion Paper No. 4790
Start-Up Subsidies for the Unemployed: Long-Term Evidence and Effect Heterogeneity
Marco Caliendo, Steffen Künn
published in: Journal of Public Economics, 2011, 95 (3-4), 311-331
IZA Discussion Paper No. 4750
Locus of Control and Job Search Strategies
Marco Caliendo, Deborah A. Cobb-Clark, Arne Uhlendorff
published in: Review of Economics and Statistics, 2015, 97(1), 88-103, Supplementary Appendix available
IZA Discussion Paper No. 4670
Benefit Duration, Unemployment Duration and Job Match Quality: A Regression-Discontinuity Approach
Marco Caliendo, Konstantinos Tatsiramos, Arne Uhlendorff
published in: Journal of Applied Econometrics, 2013, 28 (4), 604-627
IZA Discussion Paper No. 4665
Income Support Systems, Labor Market Policies and Labor Supply: The German Experience
Marco Caliendo
substantially revised and extended version available as IZA DP No. 6810
IZA Discussion Paper No. 4661
"I Want to, But I Also Need to": Start-Ups Resulting from Opportunity and Necessity
Marco Caliendo, Alexander S. Kritikos
published in: Erik Lehmann and M. Keilbach, M. (eds.), From Industrial Organization to Entrepreneurship: A Tribute to David B. Audretsch, Springer, New York, 2019, 247-265
IZA Discussion Paper No. 3900
Self-Employment Dynamics, State Dependence and Cross-Mobility Patterns
Marco Caliendo, Arne Uhlendorff
IZA Discussion Paper No. 3880
Die Nachhaltigkeit von geförderten Existenzgründungen aus Arbeitslosigkeit: Eine Bilanz nach fünf Jahren
Marco Caliendo, Steffen Künn, Frank Wießner
published in: Zeitschrift für ArbeitsmarktForschung / Journal for Labour Market Research, 2010, 42(4), 269-291
IZA Discussion Paper No. 3825
The Effect of Active Labor Market Programs on Not-Yet Treated Unemployed Individuals
Gerard J. van den Berg, Annette Bergemann, Marco Caliendo
published in: Journal of the European Economic Association, 2009, 7(2-3), 606-616
IZA Discussion Paper No. 3755
The Cost Impact of Spam Filters: Measuring the Effect of Information System Technologies in Organizations
Marco Caliendo, Michel Clement, Dominik Papies, Sabine Scheel-Kopeinig
published in: Information Systems Research, 2012, 23 (3, Part II), 1068-1080
IZA Discussion Paper No. 3525
The Impact of Risk Attitudes on Entrepreneurial Survival
Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
revised version published in: Journal of Economic Behavior and Organization, 2010, 76 (1), 45-63
IZA Discussion Paper No. 3360
Start-Up Subsidies in East Germany: Finally, a Policy that Works?
Marco Caliendo
published in: International Journal of Manpower, 2009, 30(7), 625-647
IZA Discussion Paper No. 3220
Start-Ups by the Unemployed: Characteristics, Survival and Direct Employment Effects
Marco Caliendo, Alexander S. Kritikos
revised version published in: Small Business Economics, 2010, 35(1), 71-92
IZA Discussion Paper No. 3114
Die reformierte Gründungsförderung für Arbeitslose: Chancen und Risiken
Marco Caliendo, Alexander S. Kritikos
published in: Perspektiven der Wirtschaftspolitik, 2009, 10(2), 189-213
IZA Discussion Paper No. 2687
Is Entrepreneurial Success Predictable? An Ex-Ante Analysis of the Character-Based Approach
Marco Caliendo, Alexander S. Kritikos
published in: Kyklos, 2008, 61(2), 189-214
IZA Discussion Paper No. 2660
Turning Unemployment into Self-Employment: Effectiveness and Efficiency of Two Start-Up Programmes
Hans J. Baumgartner, Marco Caliendo
revised version published in: Oxford Bulletin of Economics and Statistics, 2008, 70(3), 347-373
IZA Discussion Paper No. 2599
The Impact of Income Taxation on the Ratio between Reservation and Market Wages and the Incentives for Labour Supply
Marco Caliendo, Ludovica Gambaro, Peter Haan
published in: Applied Economics Letters, 2009, 16 (9), 877-883
IZA Discussion Paper No. 2542
mhbounds - Sensitivity Analysis for Average Treatment Effects
Sascha O. Becker, Marco Caliendo
published in: Stata Journal, 2007, 7(1), 71-83
IZA Discussion Paper No. 2428
Fiscal Competition and the Composition of Public Spending: Theory and Evidence
Rainald Borck, Marco Caliendo, Viktor Steiner
published in: FinanzArchiv, 2007, 63 (2), 264-277
IZA Discussion Paper No. 2168
Risk Attitudes of Nascent Entrepreneurs: New Evidence from an Experimentally-Validated Survey
Marco Caliendo, Frank M. Fossen, Alexander S. Kritikos
revised version published in: Small Business Economics, 2009, 32 (2), 153-167
IZA Discussion Paper No. 2158
Ten Do It Better, Do They? An Empirical Analysis of an Old Football Myth
Marco Caliendo, Dubravko Radic
IZA Discussion Paper No. 2041
Evaluating the German "Mini-Job" Reform Using a True Natural Experiment
Marco Caliendo, Katharina Wrohlich
published in: Applied Economics, 2010, 42(19), 2475–2489
IZA Discussion Paper No. 2033
'Making Work Pay' in a Rationed Labour Market
Olivier B. Bargain, Marco Caliendo, Peter Haan, Kristian Orsini
published in: Journal of Population Economics, 2010, 21 (1), 323-351
IZA Discussion Paper No. 1653
The Microeconometric Estimation of Treatment Effects - An Overview
Marco Caliendo, Reinhard Hujer
published in: Allgemeines Statistisches Archiv / Journal of the German Statistical Society, 2006, 90 (1), 197-212
IZA Discussion Paper No. 1588
Some Practical Guidance for the Implementation of Propensity Score Matching
Marco Caliendo, Sabine Kopeinig
published in: Journal of Economic Surveys, 2008, 22(1), 31-72
IZA Discussion Paper No. 1512
The Employment Effects of Job Creation Schemes in Germany: A Microeconometric Evaluation
Marco Caliendo, Reinhard Hujer, Stephan L. Thomsen
published in: Millimet, D., Smith, J. and Vytlacil, E. (eds.), Advances in Econometrics, Volume 21: Estimating and Evaluating Treatment Effects in Econometrics, 2008, 383-430,
IZA Discussion Paper No. 750
New Evidence on the Effects of Job Creation Schemes in Germany - A Matching Approach with Threefold Heterogeneity
Reinhard Hujer, Marco Caliendo, Stephan L. Thomsen
published in: Research in Economics, 2004, 58(4), 257-302
IZA Discussion Paper No. 616
Macroeconometric Evaluation of Active Labour Market Policies in Germany – A Dynamic Panel Approach Using Regional Data
Reinhard Hujer, Uwe Blien, Marco Caliendo, Christopher Zeiss
published in: Carloeo, F.E. and Destefanis, S. (eds.): The European Labour Market - Regional Dimensions, Physica Verlag, 2006, 287-310
IZA Discussion Paper No. 566
Skill Biased Technological and Organizational Change: Estimating a Mixed Simultaneous Equation Model Using the IAB Establishment Panel
Reinhard Hujer, Marco Caliendo, Dubravko Radic
IZA Discussion Paper No. 236
Evaluation of Active Labour Market Policy: Methodological Concepts and Empirical Estimates
Reinhard Hujer, Marco Caliendo
published in: Becker, I., Ott, N. and Rolf, G. (eds.), Soziale Sicherung in einer dynamischen Gesellschaft, Campus-Verlag, Frankfurt, 583-617, 2001
IZA World of Labor Article
Start-up subsidies for the unemployed: Opportunities and limitations
Marco Caliendo
IZA Research Report No. 142
Evaluation der berufsbezogenen Deutschsprachförderung nach § 45a AufenthG
Ariane Baderschneider, Holger Bonin, Bernhard Boockmann, Marco Caliendo, Andreas M. Fischer, Miriam Gensicke, Kristin Hecker, Josef Hartmann, Ingo E. Isphording, Annabelle Krause-Pilatus, Philipp Kugler, Robert Mahlstedt, Christopher Pabst, Iris Pfeiffer, Rosemarie Sackmann
Forschungsbericht im Auftrag des Bundesministeriums für Arbeit und Soziales (242 Seiten)
IZA Research Report No. 133
Auswirkungen des gesetzlichen Mindestlohns auf individuelle Beschäftigungsbewegungen und betriebliche Lohnstrukturen in den Jahren 2015 bis 2020
Ingo E. Isphording, Marco Caliendo, Robert Mahlstedt, Nico Pestel, Christian Zimpelmann
Studie im Auftrag der Mindestlohnkommission (103 Seiten)
IZA Research Report No. 95
Auswirkungen des gesetzlichen Mindestlohns auf Beschäftigung und Arbeitslosigkeit
Nico Pestel, Holger Bonin, Ingo E. Isphording, Terry Gregory, Marco Caliendo
Studie im Auftrag der Mindestlohnkommission, Bonn 2020 (102 Seiten)
IZA Research Report No. 61
Evaluation der Programme „Gründercoaching Deutschland“ und „Gründercoaching Deutschland – Gründungen aus der Arbeitslosigkeit“
Marco Caliendo, Alexander S. Kritikos, Steffen Künn, Christian Loersch, Helmut Schröder, Holger Schütz
Forschungsbericht im Auftrag des Bundesministeriums für Wirtschaft und Technologie und des Bundesministeriums für Arbeit und Soziales in Kooperation mit der Kreditanstalt für Wiederaufbau, Bonn 2014 (213 Seiten)
IZA Research Report No. 48
Der Gründungszuschuss in Brandenburg: Eine regionale Analyse
Marco Caliendo, Steffen Künn, Frank Wießner
Studie im Auftrag der Industrie- und Handelskammer Cottbus, Bonn 2012 (49 Seiten)
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