This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective … incentives and increase job acceptance incentives. We show that sufficiently low minimum wages may do no harm to employment …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

establishments with more procyclical wages have a less procyclical hires rate and employment behavior. We propose a labor market flow …

German welfare system and the associated employment persistence. Even the steady decrease of labor cost (normalized by … underutilization, and unemployment arising from the decline of the tradable sector. …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on … and inflation volatility ; labor turnover costs ; unemployment benefits ; unemployment ; eurozone …

reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the … the existing disagreement in the macroeconomic literature on the unemployment effects of Hartz IV. We find that Hartz IV … was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …

restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate matching and unemployment … Employment Agency did not contribute to the decline of unemployment in Germany. By contrast, improved activation of unemployed …Our paper analyzes the role of public employment agencies in job matching, in particular the effects of the …

German labor market volatilities by a longer expected job duration. -- Labor market volatilities ; unemployment ; worker …