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

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 …

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 …

-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …

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 …