This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We … matching model, we estimate that about 45% of the surge in Spanish unemployment could have been avoided had Spain adopted …

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

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. …

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 longterm unemployment benefits using a heterogeneous-agent labor …

study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and … market outcomes do not benefit significantly from naturalization. Naturalization reduces the risks of unemployment and …

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