-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 investigate the recent fall in unemployment, and the rise in part-time work, labour market … participation, inequality and welfare in Germany. Unemployment fell because the Hartz IV reform induced a large fraction of the long …. Overall we find that Germany increased welfare as unemployment fell …

German unemployment in the long term, and the cyclical sensitivity of the unemployment experience across demographic groups …. The analysis moves beyond that of unemployment rates to a detailed investigation of transition rates from employment to … unemployment and vice versa. While long-term differences across demographic groups are dominating the structure of both job loss …

; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany …

. It demonstrates strong correlations between keyword searches and unemployment rates using monthly German data and …

A key question in labor market research is how the unemployment insurance system affects unemployment rates and labor … 76% of declining unemployment after the reform, a fact unexplained by existing research focusing on job finding rates … causally link our empirical findings to the reduction in long-term unemployment benefits using a heterogeneous-agent labor …

institutions (short-time work, government spending rules) and shocks (aggregate, labor market, and policy shocks) and to perform …