We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour … market regime, simulations for Germany show that labour tax policies can make only a small contribution to alleviating the … problem of persistent unemployment. …

This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market …

We present an applied general equilibrium modelling approach to analyse employment and unemployment effects of labour … market regime, simulations for Germany show that labour tax policies can make only a small contribution to alleviating the … problem of persistent unemployment. …

bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …

bottom-line of the paper is that product market reforms will help to reduce aggregate unemployment under many circumstances … even though sectoral unemployment may increase. We also highlight that the mobility of high-skilled workers and the … distribution of unemployment across sectors determine whether productivity improvements in one sector affect aggregate unemployment …

This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market …