featured mainly declining unemployment rates. We develop a search and matching model with heterogeneous skills to explore the … destroyed is likely to have prevented strong increases in unemployment. -- German Hartz IV reforms ; search and matching … role of structural and cyclical policies for this performance. Calibrating unemployment benefits to approximate legislation …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This …

Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … macroeconomics and labor economics. Several models like e.g. matching models with endogenous job destruction explicitly predict an … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This …