period when unemployment increased in Germany but fell in Britain and the US. I show that in this period, Germany experienced …

more than unemployment rates by skill levels and overall; German and US relative pay by level of skill was similar in 1970 …

estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the …

This paper is devoted to a new estimation of the non-accelerating inflation rate of unemployment (NAIRU) for the West …

In this paper we compare the unemployment dynamics of the US and Germany with monthly data up to 2008. With data from … permanent effects on German unemployment. This difference in hysteresis, however, depends on the sample. Using recursive and …

In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical … literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the … 1973 to 2008, we show that oil price increases induce a rise in unemployment in the German labor market.Moreover, for a …

. Wages are still considerably lower, the unemployment rate is about twice of the West German level, and the competitiveness … and the resulting development of competitiveness and unemployment differentials. We present estimates of the wage … adjustment in East vs. West Germany based on wage convergence and effects of unemployment on wage growth. The central focus of …

This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …