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The strong and sustained labour market upswing in Germany is widely recognized. In a developing literature, various relevant studies highlight different specific reasons. The underlying study, instead, simultaneously considers a broad set of factors in a unified methodological framework and...
Persistent link: https://www.econbiz.de/10012105105
unemployment rate - into a short-term and a long-term component. While short-term unemployment might not result in additional … workers on a large scale, long-term unemployment reduces household income more, increasing the need for additional income. On … are available, distinguishing between short-term and long-term unemployment reveals discouragement effects. …
Persistent link: https://www.econbiz.de/10011387803
Using German data this study applies an unobserved-components approach to disentangle the unemployment rate into a … trend component of unemployment, which triggers permanent reactions of the workers, is likely connected to a structural … effect. By splitting up the participation effect of changes in the unemployment rate our analysis differs profoundly from …
Persistent link: https://www.econbiz.de/10009715284
With the COVID-19 crisis as background, the underlying paper elaborates on setting up an unemployment insurance for … conditions with regard to self-employed and derive conclusions on how unemployment insurance for them should be designed. In this …, we investigate the key elements of such an insurance. When it comes to financing the unemployment scheme, we discuss how …
Persistent link: https://www.econbiz.de/10012306704
from employment into unemployment in April 2020 were due to the containment measures. In a second approach, we make use of … the unemployment effect coming from the separations margin. In sum, the lockdown measures increased unemployment in the …
Persistent link: https://www.econbiz.de/10012222508
forecasting German unemployment in the short run. Every month, the CEOs of the FEA’s regional agencies are asked about their … expectations of future labor market developments. We generate an aggregate unemployment leading indicator that exploits serial …
Persistent link: https://www.econbiz.de/10010198066
Population size and structure in conjunction with the participation behavior are the determinants of labor supply. Thereby, among the demographic components, migration is the one shaping both the size and the structure of a population the strongest in the short to medium term while...
Persistent link: https://www.econbiz.de/10014282754
forecasting German unemployment in the short run. Every month, the CEOs of the FEA's regional agencies are asked about their … expectations of future labor market developments. We generate an aggregate unemployment leading indicator that exploits serial …
Persistent link: https://www.econbiz.de/10013349233
in German unemployment is fully explained by hysteresis. The Great Recession was well absorbed because both hysteresis … effects and structural unemployment were substantially reduced after institutional reforms. In contrast, U.S. unemployment did …
Persistent link: https://www.econbiz.de/10011372431
This paper studies the conditional patterns of unemployment dynamics in Germany. We employ a structural VAR model and …
Persistent link: https://www.econbiz.de/10010336262