From 2002–2004, the German government passed several laws that curtailed the generosity of the unemployment … compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for … highly disputed reform induced a considerable decline in unemployment incidence among older workers. It thus sealed an …

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 …

policy in economies with labor market rigidities. In an application to western Germany it is demonstrated that nonparametric … workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …

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

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 … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are …

unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …

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