of time-varying policy and institutional regressors. Yet another is our examination of unemployment and participation … lower participation, even if the unemployment effects are muted. Although we report some similar findings to Neumark and …

countries have experienced a steep increase in unemployment, employment in other developed economies has not fallen in parallel … performance can explain the development of unemployment in the situation of crisis in some clusters of countries much better than …

collapse and rising unemployment, this paper stresses that the impact of the crisis is rather diverse, reflecting differences …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

job-separation counter-cyclical. As a consequence most unemployment spells remain short. This is critical since a … persistent increase in unemployment will affect the financial balance of the model severely. Comparative evidence does not …

bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment …

and real wage rigidities. In our analysis, we focus on the differentials in inflation and unemployment between countries … inflation and unemployment differentials. Second, we find that asymmetries in labor market structures tend to increase the … volatility of both inflation and unemployment differentials. Finally, we show that it is important to take into account the …

the unemployment rate, which until now has been the main approach in the empirical literature …

. Understanding the interaction between income support systems (such as unemployment benefits, social assistance, early retirement and …. The German labor market has been plagued by high and persistent unemployment in the last two decades in combination with a …