This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their … France, unemployment rate has increased by 2 percentage points, whereas in Spain it has shot up to 19% by the end of 2009. We …

administrative data from Germany, we analyze 34,000 unexpected worker deaths, which, on average, raise the remaining workers' wages …

, Japan and Germany between 2.5 and 5 per cent of the workforce participated in short-time work schemes at the trough of the … Germany is more encouraging as to the effectiveness of STW, pointing to rather moderate deadweight losses. We interpret this …

substantial reduction in the output cost of recessions and a more moderate reduction in the welfare cost of recessions in Germany. …

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of …

France and Germany are two polar cases in the European debate about rising youth unemployment. Similar to what can be … observed in Southern European countries, a "lost generation" may arise in France. In stark contrast, youth unemployment has … been on continuous decline in Germany for many years, hardly affected by the Great Recession. This paper analyzes the …