miracle. In response to the crisis, Germany has shown to be a strong case of internal flexibility. We argue that important … reforms, the nature of the crisis affecting mainly export-oriented companies in Germany, the extension of short-time work, the …

This paper provides a simple matching model in which unemployed workers and employers in large firms can be matched … increasing the number of workers embedded in the social networks can increase the unemployment rate and decrease workers welfare …

This paper revisits the normative properties of search-matching economies when homogeneous workers have concave utility … optima, non-linear income taxation is a key complement to unemployment insurance. According to the level of the workers …

levels and endogenous involuntary unemployment due to frictions in the labor markets. Redistributive taxation distorts labor … demand and wages. Compared to their efficient values, gross wages, unemployment and participation are lower. Average tax …

We propose a canonical model of optimal nonlinear redistributive taxation with matching unemployment. In our model … efficient values, at the optimum gross wages and unemployment are lower. Average tax rates are moreover increasing in wages. The …

throughout the years 1992-2001. Wage dispersion has generally been rising. The increase was more pronounced in East Germany and … Germany, but changes in the characteristics captured better parts of the observed wage changes over time. …

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

lead to higher equilibrium unemployment via the generated real wage wedge. …

'entrepreneurial milieu' affect the decision to start a new business out of unemployment? The econometric study is based on data from a …

market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find … market, as well as with lower unemployment. …