This paper investigates the role of mismatch between job seekers and job openings for the forecasting performance of a labor market matching function. In theory, higher mismatch lowers matching efficiency which increases the risk that the vacancies cannot be filled within the usual period of...

Die Corona-Lage verschärft sich, aber die Konjunktur befindet sich insgesamt wieder auf Erholungskurs. Nach einem Rückgang im ersten Quartal 2021 wird im Jahresverlauf ein deutlicher Anstieg des Bruttoinlandsprodukts erwartet, sodass das Autorenteam mit einem Gesamtwachstum von 3,4 Prozent...

With the Russian war against Ukraine, global economic conditions changed abruptly. We provide first causal evidence of effects of the energy crisis on Germany as Europe's most important economy. Combining cost structure data, national accounts and administrative labour market data, we identify...

Although industrial production in Germany picked up again significantly with the recovery from the Corona crisis, supply bottlenecks for raw materials and intermediate products such as semiconductors became increasingly noticeable over 2021. In this article, we examine how these obstacles affect...