extractive economic and political institutions even after the weighted voting system was abolished and universal suffrage … using both extractive economic and political institutions (Acemoglu and Robinson (2008)). …

1996-2003. During these years unemployment in Poland almost doubled. We show that about a quarter of the growth in the …

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private … unemployment. …

According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the … medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into … insufficient capital accumulation responsible for unemployment (Arestis et al 2007). Empirical work in this tradition has paid …

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

Since the labor market reforms around 2005, known as the Hartz reforms, Germany has experienced declining unemployment … unemployment rate. Also unemployed persons who exogenously lost their jobs are affected by the reforms. In line with the structure …

New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is … rate, unemployment and inflation in West Germany from the early 1960s up to 2004 using a multivariate cointegration … data a strong negative correlation between the trend components of inflation and unemployment. We show that this finding …