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

factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …

factors when firms from the service sector are faced with demand shocks. The estimation results indicate that collective wage …

Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by … applying an instrumental variable estimation approach. …

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

regional job seeker rates. A dynamic labour demand estimation indicates that PT has no effects on employment and JCS leads to …