renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …

This paper presents a theory explaining the labor market matching process through microeconomic incentives. There are …

This paper indicates that East Germany’s unemployment originates primarily in the labor market, caused by the fast wage …

wages and the local unemployment rate - within a number of occupations. It exploits the Bank of Italy's Household Survey and …

these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and …

, whereby special focus is placed on unemployment duration. The results of the study indicate that in contrast to reservation … wages, offered wages decline considerably with duration of unemployment. This is the main reason that ratios of reserva …­tion wages to offered wages increase rapidly with duration of unemploy­ment; on average, reservation wages begin to exceed …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the high-unemployment regions have fallen relative to those in the low-unemployment …