the world and which is used by the Deutsche Bundesbank for policy analysis, to analyze how discretionary fiscal policy in … Germany and the rest of EMU affected GDP growth and unemployment during the crisis. Not surprisingly, stimulus programmes … of the world and risk premia shocks, followed by domestic non-fiscal shocks, amongst them the technology shock being the …

candidate explanation is supply-side effects driven by dramatic expansions of Unemployment Insurance (UI) benefit durations, to … longitudinal structure of the Current Population Survey to construct unemployment exit hazards that vary across states, over time …, and between individuals with differing unemployment durations. I then use these hazards to explore a variety of …