consistent with firms utilising part-time work to adjust their labour force to changing economic conditions. Institutions and …

monthly employment and unemployment rates and the monthly transition intensities between the states of employment …, unemployment, and out-of-thelabor- force for the German labor market between January/February 1983 and November/ December 1994. The …

German unemployment in the long term, and the cyclical sensitivity of the unemployment experience across demographic groups …. The analysis moves beyond that of unemployment rates to a detailed investigation of transition rates from employment to … unemployment and vice versa. While long-term differences across demographic groups are dominating the structure of both job loss …

unemployment and labour market exclusion. The main findings of the study are that low levels of education and working experience … unemployment and nonparticipation. There is also evidence of budget constraints that eventually lead to decreasing reservation … wages or increasing search intensity, as unemployment spells become very long. We discuss some policy implications of our …

paper, we present a model with equilibrium unemployment which has three distinctive properties. First, using a search and …, which allows the model to reproduce the fluctuations of unemployment over the business cycle. And third, the model implies a … reasonable elasticity of steady state unemployment with respect to changes in benefits. The calibration of the model implies low …

This paper investigates the importance of labor market institutions for inflation and unemployment dynamics. Using the … Unemployment Rigidities (UR) and those that cause Real Wage Rigidities (RWR). The two types of institutions have opposite effects … New Keynesian framework we argue that labor market institutions should be divided into those institutions that cause …