, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …

This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …

employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …We develop a tractable macroeconomic model with employment risk and labor market search in order evaluate the effects … of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who …

categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … explanatory power of macroeconomic models explaining unemployment. The approach permits to tackle model specification problems …

to find employment more easily than their peers who have been unemployed but have not been in a programme. Subjective …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical … literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the … 1973 to 2008, we show that oil price increases induce a rise in unemployment in the German labor market. Moreover, for a …

In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the …, unemployment rises. More generally, we show that skill-biased technological change leads to increasing unemployment of the … inequality and unemployment under different social benefits regimes: Analyzing the social legislation in 14 countries, we find …