mainly driven via STW. US unemployment rose at an unprecedented rate, but unlike in previous recessions, it was mostly driven …

This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …

Many countries suffer from persistently high unemployment rates. The scope for labour market reforms is often limited …

producing employment growth and in reducing unemployment than most continental-European OECD-countries. It is argued that the …

also some evidence that more flexibility leads to lower unemployment rates and to lower rates of long-term unemployment … introduce more unemployment persistence. …