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Since the early 1970s, it was argued that shifts from relatively smaller to larger youth cohorts in the labor force raise the unemploy- ment rate. In contrast, Shimer (2001) comes to a contrary conclusion using US state level data. I provide a theoretical framework for local labor markets that...
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In East Germany a profound demographic change has been taking place that manifests itself in the shrinkage and the … reunification of Germany in 1990. In no other countries of the former Eastern Bloc, this process was so drastic and abrupt as in … East Germany. Around the year 2007, the small after-reunification cohorts started to enter the East German labor market …
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to this, the unemployment rate in Germany and Japan will rise as a consequence of the increase in the share of elderly …
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