income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …

unemployment benefits reduce unemployment? Using a recent labour market reform in Germany as background, we find that an enhanced … effectiveness of the PEA explains about 20% of the observed post-reform unemployment decline. The role of unemployment benefit … the PEA could have had an even higher impact on unemployment reduction if there had been less focus on long …

minimum wage to increase the after-tax incomes of workers if the production function is Cobb-Douglas with constant returns to …

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

demonstrate that it is impossible for any binding minimum wage to increase the after-tax incomes of workers if the production … that it is not possible to increase the incomes of employed workers through minimum wage legislation, even under decreasing …

play an important role in explaining the lackluster German economic performance of which rising unemployment is only one …

The Finnish unemployment rose in the early 1990 s from three to eighteen percent in four years. Unemployment has then … this unforeseen increase in unemployment. We then discuss the role of labour market institutions in the adjustment process … that has brought unemployment back to normal levels. We argue that these institutions cannot be blamed for the increase in …