angekündigten Arbeitsmarkt- und Sozialreformen. Reicht das aber schon für eine spürbare Verringerung der Arbeitslosigkeit aus? …Die Arbeitslosigkeit in Deutschland nimmt seit geraumer Zeit kräftig zu. Angesichts der schwachen Wachstumsperspektiven … sind die Aussichten auf eine baldige Wende am Arbeitsmarkt gering. Um so dringlicher ist eine rasche Umsetzung der …

The persistence of U.S. unemployment has risen with each of the last three recessions, raising the specter that future … shocks do not systematically lead to more persistent unemployment than monetary policy shocks, so these cannot explain the … rising persistence of unemployment. Second, monetary and fiscal policies can account for only part of the evolving …

This Paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labour market adjustment processes, (b) the … unemployment responses to each shock. Our analysis permits us to distinguish between the short- and long-run effects of the shocks …

. We use a New Keynesian model with unemployment to predict the effects of different labor market institutions on …

This paper presents a reappraisal of unemployment movements in the European Union. Our analysis is based on the chain … reaction theory of unemployment, which focuses on (a) the interaction among labor markets adjustment processes, (b) the … growth drivers. Estimating a system of labor market equations for a panel of EU countries, we derive the dynamic unemployment …

.S. unemployment rates. We extract the common dynamics among unemployment rates disaggregated for seven age groups. The framework … allows analysis of the contribution of demographic factors to secular changes in unemployment rates. In addition, it allows … favor of the common factor and of the switching between high and low unemployment rate regimes. We also find that …

Based on a combined register database for Norwegian and Swedish unemployment spells, we use the ‘between …-countries-variation’ in the unemployment insurance systems to identify causal effects. The elasticity of the job hazard rate with respect to …

We investigate how unemployment exit probabilities are affected by economic incentives, spell duration and … macroeconomic conditions. Building on a database containing all registered unemployment spells in Norway in 1989-1998, we apply an …