Germany, as most other European countries, has been plagued by a persistently high level of long-term unemployment … since the early 1980's. In contrast, long-term unemployment is much less of a problem in the United States. One potential … reason for the different structure of unemployment relates to institutional differences in unemployment compensation systems …

180 days of unemployment for all spells beginning on July 15, 2012. Using Social Security data and a Differences … unemployment duration by 5.7 weeks (or 14%), implying an elasticity of 0.86. We find strong behavioral effects as the reform … reduced the expected unemployment duration right from the beginning of the unemployment spell. While the reform had no effect …

an unemployed persona will accept a job offer), the income replacement rate of unemployment benefit (IRUB) and … understanding of search behaviour and unemployment durations. The data also indicate that the roles of search behaviour and …

Standard macroeconomic models underpredict the volatility of unemployment fluctuations. A common solution is to assume … jobs. This form of wage rigidity does not affect job creation and thus cannot explain the unemployment volatility puzzle …