Based on a Cox Proportional Hazard analysis of German unemployment spells, structural change of the production process … is identified as a major explanation for long-term unemployment. Other important covariates capture labor market … economy, or spend a longer time in unemployment searching for the few remaining jobs for which they possess adequate skills. …

these two features combined generate an equilibrium comovement between matches on the one hand and unemployment and … vacancies on the other hand, which is observationally equivalent to a constant returns Cobb-Douglas function commonly used to …

This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which … unemployment movements are attributed largely to changes in the long-run equilibrium unemployment rate and (b) the chain …-reaction perspective, in which unemployment movements are viewed as the outcome of the interplay between labor market shocks and prolonged …

This paper uses the job creation and destruction model of the search and matching type proposed by García-Pérez and …

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 …This paper investigates the reservation wages of unemployed persons on the basis of a job-search model with non … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …

We explore the far-reaching implications of replacing current unemployment benefit (UB) systems by an unemployment … balances in these accounts are available to them during periods of unemployment. The government is able to undertake balanced … model for the high unemployment countries of Europe. Our results suggest that this policy reform would significantly change …