Using a retrospective monthly calendarium of individuals? major economic activities, this paper characterizes the monthly employment and unemployment rates and the monthly transition intensities between the states of employment, unemployment, and out-of-thelabor- force for the German labor...

It is often argued that the labor market outcomes of several ?problem groups? of German workers suffer disproportionately in an economic downturn. These groups are women, the unskilled, and young and old workers, respectively. Using monthly individual-level data for West Germany for the period...

Zwei Instrumente stehen im Mittelpunkt der Krisen, in denen Opel, Arcandor und andere große Unternehmen staatliche Hilfe suchen oder gesucht haben: Kredite und Bürgschaften. Vergibt der Staat einen Kredit, so ist es offensichtlich, dass er dafür seine Verschuldung erhöhen muss. Um sie...