normative and positive theoretical literature employing recent panel data on 27 European Union member states taking into account …

We propose four different GMM estimators that allow almost consistent estimation of the structural parameters of panel …

finite sample properties and our implementation appears to be very fast. A small application to German unemployment duration … level of social benefits has a strong impact on the length of long term unemployment for low earners and fertility is … related with longer unemployment periods of females. …

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …

production. With respect to labour market coordination, we discuss several wage-forming mechanisms and involuntary unemployment …. -- Computable general equilibrium model ; labour market ; labour supply ; labour demand ; microsimulation ; involuntary unemployment …

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 …

. A small application with German register data on unemployment duration for younger workers demonstrates the …

technological unemployment emerges. Additionally, the assumption of adaptive expectations is introduced, in which case technological … unemployment throughout the early phase prevails. Furthermore, oscillating growth rates emerge, indicating the possibility of …