This paper studies the mechanisms driving the persistently high unemployment rate during the last recession and mild …, we propose a methodology to decompose changes in the unemployment rate into worker inflows and outflows across industry …

Germany and the United States pursued different economic strategies to minimise the impact of the Coronavirus Crisis on … the labour market. Germany focused on safeguarding existing jobs through the use of internal flexibility measures … contrasting it with the chosen strategy in the United States. In Germany, temporary cyclical reductions in working hours are …

decreased the employment rate by 0.82%p and increased the unemployment rate by 0.29%p. These estimated effects are 90 …