Überraschend ist im Mai die Arbeitslosigkeit gefallen. Diese positive Entwicklung wird sich im Juni zunächst fortsetzen. Diese Einschätzung basiert auf einem neuen methodischen Konzept, das Google-Aktivitätsdaten für die kurzfristige Prognose der Arbeitslosigkeit einsetzt. Gerade in...

In this study we examine the contribution of severance pay to employment and unemployment development using data on industrialized OECD countries. Our starting point is Lazear?s (1990) empirical dictum that severance payment requirements adversely impact the labor market. We extend his sample...

As in the U.S. and Canada, migration is a controversial issue in Europe. This paper explores the possibility that immigration policy may affect the labor market assimilation of immigrants and hence natives? sentiments towards immigrants. It first reviews the assimilation literature in economics...

The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...

The current economic crisis requires fast information to predict economic behavior early, which is difficult at times of structural changes. This paper suggests an innovative new method of using data on internet activity for that purpose. It demonstrates strong correlations between keyword...

This paper estimates the effect of minimum wage regulation in 16 OECD countries, 1970-2008. Our treatment is motivated by Neumark and Wascher's (2004) seminal cross-country study using panel methods to estimate minimum wage effects among teenagers and young adults. Apart from the longer time...

Nach einem neuen methodischen Prognosekonzept, das arbeitsmarktbezogene Internetdaten nutzt, entspannt sich zum Frühjahr 2009 die Arbeitsmarktlage. Das Papier erläutert die Technik der Prognose der Arbeitslosigkeit unter Nutzung der Messung der Google-Suchaktivität und illustriert die...