This paper studies the relationship between the change in the unemployment rate and output growth using an approach …

interact and affect the evolution of unemployment rates and participation rates, the two main indicators of labour market … performance. Our analysis has two special features. First, apart from the two labour market states - employment and unemployment … that a shock to the net flow from unemployment to employment drive the unemployment rate and the participation rate in …

This paper indicates that East Germany's unemployment originates primarily in the labor market, caused by the fast wage … traps. -- Unemployment ; labor market trap ; East Germany …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …

renowned Danish miracle by evaluating their unemployment and inequality effects and their complementarities. We develop a … full Danish flexicurity set of policies (low employment protection, high unemployment benefits and workfare). Our results … show that implementing the Danish flexicurity concept in Germany would reduce unemployment and earnings inequality …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …

This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have …

Our paper revisits Okun's relationship between observed unemployment rates and output gaps. We include in the … relationship the effect of labour market institutions as well as age and gender effects. Our empirical analysis is based on 20 OECD … unemployment rate) over time. The Okun coefficient is not only different for young, prime-age and older workers, it decreases with …