We evaluate the effects of international outsourcing and labor taxation on wage formation and equilibrium unemployment … reduce equilibrium unemployment of low-skilled workers both in the presence and absence of labor taxation. In the presence of … outsourcing, wage tax, tax exemption and payroll tax have an ambiguous effect on equilibrium unemployment. Increasing the degree …

worker-job complementarity, we estimate how interpersonal, cognitive and manual skills map into job offers, unemployment and …

Labor courts play an important role in determining the effective level of labor market regulation in Germany, but their … unemployment, even after controlling for the endogeneity of court activity. The results have potentially important policy …

Germany is the laggard of Europe, yet the country is world champion in merchandise exports. The paper tries to solve …, causing both unemployment and excessive value added in exports. Moreover, excessive wages induce too much outsourcing of …

This paper studies the effect of two labor market institutions, unemployment insurance (UI) and job search assistance … search unemployment, skill depreciation during unemployment, and idiosyncratic as well as aggregate labor market risk. The … substantial reduction in the output cost of recessions and a more moderate reduction in the welfare cost of recessions in Germany …

We introduce unemployment and endogenous selection of workers into different skill-classes in a trade model with two … sectors and heterogeneous firms. This allows us to study the distributional consequences and the skill-specific unemployment … real wages and unemployment levels in the unskilled labor intensive sector. However, the inequality of workers between …