have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …

By international standards, unemployment in Sweden remained remarkably low throughout the 1970s and the 1980s. In the … early 1990s, however, the unemployment rate skyrocketed and hit double-digit levels. Unemployment remained high for several … the rise and fall of unemployment. It is argued that the steep rise in unemployment was mainly the result of a series of …

. We then estimate our sufficient statistics using administrative data on unemployment, income and wealth in Sweden. First … unemployment spell. We derive simple sufficient-statistics formulae capturing the insurance value and incentive costs of … unemployment benefits paid at different times during the unemployment spell. Our general approach allows to revisit and evaluate in …