density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

density function with higher density and thereby generate large, asymmetric job-finding rate and unemployment reactions. Our …

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of …

was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which … reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the …

activities of the Federal Employment Agency did not contribute to the decline of unemployment in Germany. By contrast, improved … the effects of the restructuring of the Federal Employment Agency in Germany (Hartz III labor market reform) for aggregate … matching and unemployment. Based on two microeconomic datasets, we show that the market share of the Federal Employment Agency …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …'s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …