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

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 …

is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant …We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

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 …

-term unemployment and find that it would have absorbed a significant fraction of the unemployment shock in the recent crisis. However, 5 …We analyze different alternatives how a common unemployment insurance system for the euro area (EA) could be designed …

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

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

combat immigrant unemployment: training, job search assistance, and subsidised public and private sector employment. We find …