wages. We estimate a negative connection between establishments’ wage cyclicality and their employment cyclicality, thereby …

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline in unemployment in Germany. By contrast, improved activation of unemployed …Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …