have a higher wage flexibility with respect to national unemployment. …

At the turn of the millennium three frequently cited potential causes of new challenges for wage policy in Germany are …

not be considered an adequate policy to reduce unemployment. … not be considered an adequate policy to reduce unemployment. …

analyze transitions of workers between unemployment, regular employment and employment accompanied by welfare receipt. Working …

-employment and the consequences of unemployment rather than from advantages of self-employment. …

changes is, nonetheless, strongly debated. We contribute to this discussion by analyzing the effect of unemployment on LOC … unemployment. Overall, we find a significant shift in stated LOC due to unemployment. Because the effect is observable during … unemployment only and not heterogeneous with respect to individual characteristics or unemployment duration, we conclude that only …

that unemployment affects life satisfaction and experienced utility differently may be explained by the fact that people do …, triggered by the opportunity to use the time in a way that yields higher levels of satisfaction than working. -- Unemployment …

We present the estimated large-scale three-region DSGE model GEAR picturing Germany, the Euro Area and the Rest of the … world. Compared to existing models of this type, GEAR incorporates a comprehensive fiscal block, involuntary unemployment … present-value multipliers for distinct fiscal instruments, and to assess how discretionary fiscal policy in Germany and the …