driver of the unusually small increase in German unemployment in the Great Recession. One possible explanation is that firms …

The common view that far-reaching labour market deregulation is the only remedy for high European unemployment is too …

setting due to labor cost and straitjacket effects. As firms in Germany are allowed to choose their wage formation regime, we … test these two hypotheses with representative establishment data for West Germany. We find that establishments with …

show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality … Germany - the reduction of unemployment effect is nearly 40% greater when the policies are implemented in conjunction than in … renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a …

measure construction and technology busts) have little effect on the natural rate of unemployment or on long run productivity … of unemployment and can count for a 0.5% rise in cyclical unemployment from 2007 through the end of 2009 and 0.3% through …

labor input, but it predicts a strong counterfactually negative long run relationship between inflation and unemployment … negative long run relationship between trend inflation and unemployment provides indirect evidence against the proposed …. This finding is robust to including a microeconomically realistic degree of indexation of wages to inflation. The lack of a …