We analyse the effect of skill mismatch in a search model of equilibrium unemployment with risk-neutral agents, endogenous job destruction, and two-sided ex-ante heterogeneity. First, we examine the interaction of labour market institutions and skill mismatch. We find that skill mismatch changes...

SFB 649 Discussion Paper 2005-045 Labour Market Dynamics in Germany: Hirings, Separations, and Job-to-Job Transitions over the Business Cycle Ronald Bachmann* * Department of Economics, Humboldt-Universität zu Berlin, Germany This research was supported by...

The aggregate average unemployment rate in a given country is essentially the result of individual workers' transitions between the three core labor force states, employment, unemployment, and inactivity. The dynamics of these transitions depend both on individual duration in a particular state...

Diese Dokumentation beschreibt den aktuellen Stand des Einkommensteuer-Mikrosimulationsmodells EMSIM des Rheinisch-Westfälischen Instituts für Wirtschaftsforschung (RWI). Mit Hilfe von EMSIM können die Auswirkungen von Einkommensteuerreformen ex-ante untersucht werden. Das Modell setzt sich...

While high rates of youth unemployment are a severe problem in most European countries, the program evaluation literature shows that di sadvantaged youths constitute a group that is particularly difficult to assist effectively. As innovative measures are thus needed, we evaluate a German pilot...