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

large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up …

examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a … higher risk of entering unemployment whereas the risk, when unemployed, of not getting reemployed is lower than in Germany …This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based …

On the basis of a theoretical model, we argue that higher aggregate unemployment affects individual returns to … education. We therefore include aggregate unemployment and an interaction term between unemployment and the individual education … level in a standard Mincer equation. Our results show that an increase in regional unemployment by 1% decreases the returns …

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 …

, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … numerical model for Germany. The model combines a microsimulation module, which captures the labour-supply decisions of … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …

This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market …

In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the …, unemployment rises. More generally, we show that skill-biased technological change leads to increasing unemployment of the … inequality and unemployment under different social benefits regimes: Analyzing the social legislation in 14 countries, we find …