costs influence insider wages and outsiders? opportunities and how these costs affect employment and unemployment. We also … address the more complex, and open, question of how employment and unemployment move through time, in response to labor market …

a large increase in post-displacement employment in the temporary work sector after the reforms. Sorting into worse … wage loss. Collectively, the sorting and matching channels explain almost all of the Hartz reforms' effect on post-displacement …

change in the unemployment rate. Many estimated effects are larger for males than females. Notably, strong evidence of … displacement (substitution away from slightly older non-subsidized workers) is not observed. However, there may be a small …

which the labor market is now only slowly recovering. The unemployment rate remains stubbornly high and durations of … unemployment are unprecedentedly long. I use data from the Displaced Workers Survey (DWS) from 1984-2010 to investigate the …

increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …

increases job-finding in the private sector by 10 percentage points within one year of unemployment. Six years later, high …

This paper provides a critique of the ?unemployment invariance hypothesis,? according to which the behavior of the … labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … equilibrating mechanisms to ensure unemployment invariance and that other markets may perform part of the equilibrating process as …