Germany experienced an even deeper fall in GDP in the Great Recession than the United States with little employment …

workers using micro data for Germany. I argue that ICT in uences labor not only through substitutability of labor with ICT and …

labor markets. Upon a neutral shock, total unemployment decrease is two-staged: firstly with a reduction in unskilled … unemployment, and then due to a sharp decline of skilled unemployment when skill substitution dominates. A higher elasticity of …

that almost none of the reduction in market work in areas of long-term high unemployment is offset by additional work at … home. In contrast, in those areas where unemployment has risen cyclically, reduced market work is largely substituted by …

unemployment insurance, when the latter is only imperfectly related to search effort. A balanced social insurance budget renders … persistence of vacancies and unemployment. …

unemployment in two largest economic regions in the world - the United States (US) and the Euro area (EA). For this purpose we … addition to local effects we find foreign uncertainty shocks influence the Euro area but not the US unemployment. Moreover we …

regions of unified Germany. If firm-specific effects explain wage dispersion between firms, a decomposition of the wage … to firm-specific influences, like distinctions in market power. For Germany, a considerable part of the difference in the … firms of the same type in East Germany compared with their counterparts in West Germany. …