"Often the high level of unemployment in Germany is explained by a lack of flexibility, over-regulation in the labour …, regulation, and social security systems will show the importance of these institutions for the mobility of individuals. In this … market institutions exerting some influence on churning appear to be: the share of fixed term contracts in total employment …

"Often the high level of unemployment in Germany is explained by a lack of flexibility, over-regulation in the labour …, regulation, and social security systems will show the importance of these institutions for the mobility of individuals. In this … market institutions exerting some influence on churning appear to be: the share of fixed term contracts in total employment …

in line with Mortensen and Pissarides (1994) give rise to unemployment and a channel for the government to influence … high-skilled benefit from low-skill biased labor market reforms through higher wages. Lower labor costs reduce unemployment …