find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …

presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by hindering real wage …Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … möglicherweise zu erhöhter gleichgewichtiger Arbeitslosigkeit. Dieser Aufsatz analysiert die wachsende Evidenz zu nach unten starren …

"This paper studies the effect of unemployment benefits on the unemployment and subsequent employment duration using … individual data from the European Community Household Panel, for France, Germany, and the UK. The empirical analysis is based on … heterogeneity. We find that recipients, relative to non-recipients, face lower exit rates from unemployment, while an additional …

Germany experienced an even deeper fall in GDP in the Great Recession than the United States, with little employment …

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