the labor force and almost doubles the unemployment risk. The financial effects of health shocks are small on average 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 …

real wages and low unemployment result. With an intermediate view, i.e. when partial equilibrium effects within a sector … are taken into account, high real wages and unemployment result. If all general equilibrium effects are considered at once …, low real wages and low unemployment again result. The assumption that unions and employers' federations are not able to …

In this paper, we present a matching model with adverse selection that explains why flows into and out of unemployment …