factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …

, 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 …

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 …

Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by … applying an instrumental variable estimation approach. …

We analyse the Polish wage and unemployment structure between 1992 and 1995 on the basis of the Polish Labour Force … kept or improved their relative wage position despite an increase in unemployment for these groups. There is therefore …