lead to higher equilibrium unemployment via the generated real wage wedge. …

miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important … reforms, the nature of the crisis affecting mainly export-oriented companies in Germany, the extension of short-time work, the …

have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …

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

Germany's recovery from an unemployment disease and its resilience to the Great Recession is remarkable. Its success …

survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that …

also a driver of behavior and life's outcomes? Rich survey data of recent entrants into unemployment in Germany show that a …

market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find … market, as well as with lower unemployment. …