This work analyzes the saving and consumption behavior of agents faced with the possibility of unemployment in a …

the one hand, lower reservation wages reduce unemployment duration, but on the other hand, agents have shorter spells of … active search and hence higher exit rate from unemployment into nonparticipation. The effect of these measures on total … employment is ambiguous in the model. Simulations show that there are cases when reduction of the unemployment benefits …

der deutschen Arbeitsmarktpolitik hin zu mehr Effizienz und weniger Arbeitslosigkeit zu vermitteln.Doch hat eine … keinen echten Beitrag zum Abbau der Arbeitslosigkeit leisten. In vielen Bereichen blieben die Reformschritte ein bloßes … konsequent versucht, Marktkräfte und Wettbewerb zum Abbau der Arbeitslosigkeit zu nutzen. Kernpunkt ist ein dezentraler Ansatz …

The unemployment evolution in Germany is characterized by the stepwise upward trend since the mid 1970s. Neither … convincing account of this odd unemployment development. With the help of Structural Vector AutoRegressive (SVAR) approach, this … effects due to structural rigidities in the labor market in accounting for the high unemployment. This work is novel in that …