for immigrants than for natives: a one percentage point increase in the unemployment rate is associated with a 0.61 and 0 …

they joined the establishment from unemployment This is supportive of equal treatment. We also show that a four parameter … series properties and co-properties of real wages, output, and unemployment, in particular the asymmetric response of wages …

unemployment was relatively slow with respect to sustained economic growth. Following Holden and Wulfsberg (2009), we compute a … connection to the wage bargaining system. Amid the absence of effective labor market institutions to make rigidities less …

find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given … rigidity in the Mortensen-Pissarides model in order to amplify realistic volatility of unemployment is not supported by the … unemployment. -- real wage cyclicality ; entry wages ; search and matching model …

; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany …

unemployment is very close to zero when unemployment is above its long term average but large and highly significant when below. We … unemployment. It cannot however match the persistence of the German unemployment rate. We conjecture that extending the model to …

The literature on unemployment has mostly focused on labor market issues while the impact of capital formation is …

In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural … shocks and assess their importance for unemployment by impulse response analysis and forecast error variance decompositions …