This paper evaluates complementarities of labor market institutions and the business cycle in the context of a stochastic dynamic general equilibrium model economy. Matching between workers and vacancies with endogenous time spent in search, Nash-bargained wages, payroll taxation, and...

Using time-diary data from four countries we show that the unemployed spend most of the time not working for pay in additional leisure and personal maintenance, not in increased household production. There is no relation between unemployment duration and the split of time between household...

Abschluss der ifo Jahresversammlung 2006 war eine hochrangig besetzten Podiumsdiskussion zum Thema "Jobs für Deutschland". Diskussionsteilnehmer waren - neben Minister Huber und Prof. Sinn - Prof. Michael Burda, Ph.D., Humboldt-Universität zu Berlin, Prof. Dr. Ingolf Deubel, Staatsminister der...