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

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 …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

model is used to assess this development. In particular, estimation results for investment and employment adjustment after …

highest in Germany, followed by France, and Italy. However, even in Germany, the accommodation of a shock to unemployment by … changes in unemployment and income on the basis of regional panel data provided by Eurostat, the statistical office of the …

professional skills and techniques (SPST). Using the inflows into unemployment for the year 1993, the empirical analysis uses local … programs starting during 1 to 6, 7 to 12, and 13 to 24 months of unemployment. The empirical results show a negative lock … estimated treatment effects is quite similar for the three time intervals of elapsed unemployment considered. The positive …

considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous …

workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …