flexibility has also affected how firms adjust employment in Germany. Using a rich microeconomic dataset, we show that firms with … the key driver of the unusually small increase in German unemployment in the Great Recession. …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … western Germany over the period 1990-97. …

rates of unemployment and the business cycle over the last decade. We develop the theoretical framework that predicts that … the individual perceptions of job insecurity depend on regional unemployment rates and on the within-group variance of … Monitoring Survey. Our results indicate that while higher rates of unemployment make workers feel less job secure, the wage …

; iii) increase with the interaction of rent size and the unemployment rate and decrease with the interaction of rent size …

This paper provides evidence on the behavior of reservation wages over the spell of unemployment using high … to 24 weeks, we find that self‐reported reservation wages decline at a modest rate over the spell of unemployment, with … point estimates ranging from 0.05 to 0.14 percent per week of unemployment. The decline in reservation wages is driven …

Using linked employer-employee panel data for Germany, this paper investigates whether firms implement real wage …

results of labour markets in eastern and western Germany have become quite similar in some respects but still differ markedly … different rates of unemployment. These differences may reflect observable and unobservable characteristics of economic actors as …

’ youth labour force was unemployed compared to 21.4 percent in EU-27 in 2011. Germany, with a youth unemployment rate of 8 … unemployment rate of adults aged 45 to 54; in Germany, this figure is only 1.7. Further peculiarities come up if unemployment is …By conventional statistics, youth unemployment seems to be quite moderate in Korea: ‘only’ 9.6 percent of the ‘active …