age and an earlier unemployment episode. An increase in educational level, on the other hand, leads to a decline in the …

Microeconometric treatments of discrete choice under risk are typically homoscedastic latent variable models … parameters meant to represent agents’ degree of risk aversion in the sense of Pratt (1964) do not imply a suggested … “stochastically more risk averse” relation within such models. A new heteroscedastic model called “contextual utility” remedies this …

years due to high inflation and the economic recession in 1996. The unemployment rate is high: in 1993 it reached 21%; by …

employment is presented. We provide some theoretical arguments which cast doubt on the standard thesis that unemployment … that a persistent lack of demand is responsible for the major part of the German unemployment problem. … und Lohn-bedingten Arbeitslosigkeit in Frage stellen. Es deutet vielmehr einiges darauf hin, dass die hohe …

effects of job losses and reduction of unemployment, as well as the protection essential company competences. Article on the …

Development of methodology for deriving the monthly unemployment statistics directly from the quarterly Labour Force … allow assessment of short-term trends in unemployment measured according to the criteria of the International Labour …

We devise an estimation methodology which allows preferences estimation and comparative statics analysis without a …