skill-biased technological change necessarily result in rising unemployment or declining wages of low-skilled workers … production structures in accordance with their comparative advantages. Labor market outcomes in Germany - especially when … compared with the United States - suggest that high unemployment is the price for insufficient wage flexibility. However, the …

significant part of the currently rising unemployment in Austria may be attributed to structural changes. Those structural changes …

Austrian Beveridge curve. We find empirical evidence that the increase in the unemployment rate in Austria after 2011 can … 2014 and the related increase in unemployment was almost exclusively caused by a decrease in matching efficiency …

This paper re-examines Lilien's sectoral shifts hypothesis for U.S. unemployment. We employ a monthly panel that spans … stationarity of unemployment. Within a framework that takes into account dynamics, parameter heterogeneity and cross …