Trade and migration have become more important in recent years for Austria and Germany. The transition in Central and Eastern Europe has played an important role in this development. The derived labor market consequences are not fully clear so far. This paper presents the results of econometric...

This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...

Das ökonomische Potenzial ethnischer und kultureller Vielfalt wird häufig verkannt. Die Ergebnisse neuerer Studien, die in diesem Beitrag zusammengefasst werden, zeigen jedoch, dass sich "weiche" Faktoren wie etwa Einstellungen, Wahrnehmungen und Identitäten, hier insbesondere ethnische...

France and Germany are two polar cases in the European debate about rising youth unemployment. Similar to what can be observed in Southern European countries, a "lost generation" may arise in France. In stark contrast, youth unemployment has been on continuous decline in Germany for many years,...