local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …

In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural … shocks and assess their importance for unemployment by impulse response analysis and forecast error variance decompositions …

In this study we collect information on what economists would suggest for reducing German unemployment. This was done …

pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …

individuals starting a business after a period of long-term unemployment and those individuals with a lack of better employment …

This paper evaluates complementarities of labor market institutions and the business cycle in the context of a … production. Furthermore, labor market institutions act in a complementary fashion in generating these effects. -- Business Cycles …