Anders als in der Wirtschafts- und Finanzkrise 2009 ist der Arbeitsmarkt in der Corona-Krise 2020 deutlich stärker betroffen. Insbesondere die Neueinstellungen sind sehr stark zurückgegangen — mit der Gefahr, dass daraus eine langwierige Arbeitslosigkeit und eine „Generation Corona“ der...

Arbeitsmarktinstitutionen sind arbeitsmarktpolitische Maßnahmen, die auf eine Verbesserung von Arbeitsmarktergebnissen (z. B. Beschäftigung und Löhne) abzielen. Da Arbeitsmärkte komplexen Anpassungsmechanismen unterliegen, sind diese Maßnahmen jedoch unter Umständen kontraproduktiv oder...

This paper analyzes the effects of different wage cyclicalities on labor market flow dynamics at the establishment level. We derive a model that allows for heterogeneous wage cyclicalities across firms over the business cycle and confront the theoretical results with the new AWFP dataset, which...

In the standard macroeconomic search and matching model of the labor market, there is a tight link between the quantitative effects of (i) aggregate productivity shocks on unemployment and (ii) unemployment benefits on unemployment. This tight link is at odds with the empirical literature. We...

This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...

We study the relationship between cyclical job and worker flows at the establishment level using the new German AWFP dataset spanning from 1975–2014. We find that worker turnover moves more procyclical than job turnover. This procyclical worker churn takes place along the entire employment...

In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level. For this purpose, we first develop a simple model to illustrate the expected comovement of these variables. For the empirical analysis, we link the new German Administrative Wage...

Using the IAB Job Vacancy Survey for Germany, we look into the black box of recruiting intensity and hiring practices. Our paper shows three important channels for hiring, namely vacancy posting, the selectivity of hiring (labor selection), and the number of search channels. While vacancy...