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We analyze the relationship between unemployment rate changes and government bond yields during and after the most … unemployment rate changes. The impact of an idiosyncratic rise in unemployment on bond yields turns out to be positive for European …, bond yields do not have an impact on unemployment. Our findings have interesting implications for the way shocks are …
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This paper investigates whether and in what sense the west German wage structure has been ?rigid? in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...
Persistent link: https://www.econbiz.de/10010297774
This paper analyzes the determinants of employability differences between short-term and long-term unemployed persons. Knowing these differences could help to address active labor market policy programs more adequately to the needs of the job-seekers in order to increase employment integration....
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This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market …
Persistent link: https://www.econbiz.de/10010298083
Using a large German linked employer-employee data set and methods of competing risks analysis, this paper investigates gender differences in job separation rates to employment and nonemployment. In line with descriptive evidence, we find lower job-to-job and higher job-to-nonemployment...
Persistent link: https://www.econbiz.de/10010302606