This study examines whether the distribution of aggregate unemployment by duration affects individual well-being. Two hypotheses are provided to explain how the shares of short-term (up to 3 months) and long-term (more than 1 year) unemployed people could affect the well-being of the employed...

The author analyses the relationship between labour market institutions and unemployment for 20 industrial countries. He examines, whether there is a non-linear relationship between institutions and unemployment. The author estimates country-specific equations and as well as panel data models....

Due to the fact that the unemployment rate of high skilled labour in Germany is about 3% in the last 30 years, this paper deals with theories that account for heterogeneous labour. The main finding is that the reduction of the labour costs cannot reduce the aggregated unemployment rate...

While the 2006 Progress in International Reading Literacy Study (PIRLS) assesses the average ability of German primary school students as being higher than average, the Programme for International Student Assessment (PISA) studies (OECD, 2000, 2003, 2006) ranks German secondary school students...

This article contributes to the literature on unemployment and well-being by investigating the linkage between personal life satisfaction and a macroeconomic indicator of the duration of unemployment. Using data for more than 50 000 individuals in 10 European countries, 1992-2002, we find that...

Since the early 1970s, it was argued that shifts from relatively smaller to larger youth cohorts in the labor force raise the unemploy- ment rate. In contrast, Shimer (2001) comes to a contrary conclusion using US state level data. I provide a theoretical framework for local labor markets that...