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From its early post-war catch-up phase, Germany’s formidable export engine has been its consistent driver of growth. But Germany has almost equally consistently run current account surpluses. Exports have powered the dynamic phases and helped emerge from stagnation. Volatile external...
Persistent link: https://www.econbiz.de/10011142028
-term unemployed. In this paper, we use an incomplete-market model with search unemployment to evaluate the macro-economic and welfare … German unemployment insurance system and resulted in a significant reduction in unemployment benefits for the long …-run (noncyclical) unemployment rate in Germany by 1.4 percentage points. We also find that the welfare of employed households increases …
Persistent link: https://www.econbiz.de/10010790434
the rate of unemployment in society, have a negative effect on happiness. In contrast, employment protection and …Measures of individual happiness, or well-being, can guide labor market policies. Individual unemployment, as well as … unemployment benefits can contribute to happiness - though when such policies prolong unemployment, the net effect on national …
Persistent link: https://www.econbiz.de/10011430773
effects of uncertainty shocks on employment adjustments in large and small establishments employing four structural vector … uncertainty shocks on employment, worker flows, job flows as well as worker churn, both for establishments with less than 100 and … with at least 100 employees. The results suggest that uncertainty shocks induce considerable employment fluctuations in …
Persistent link: https://www.econbiz.de/10012614112
Persistent link: https://www.econbiz.de/10012603216
effects of uncertainty shocks on employment adjustments in large and small establishments employing four structural vector … uncertainty shocks on employment, worker flows, job flows as well as worker churn, both for establishments with less than 100 and … with at least 100 employees. The results suggest that uncertainty shocks induce considerable employment fluctuations in …
Persistent link: https://www.econbiz.de/10012607557
Turning unemployment into self-employment is a suitable alternative to traditional active labor market policies in many … developed countries. Start-up subsidies can assist unemployed workers in setting up their own business. This option can be … especially interesting for people whose work is undervalued in paid employment or in situations where job offers are limited …
Persistent link: https://www.econbiz.de/10011449371
, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10013428423
Persistent link: https://www.econbiz.de/10001825964