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Two stylised facts of the German labour market are that first, the demand for (high-)skilled labour has been growing rapidly for a number of years and second, the country is facing a particularly strong demographic change with the expected size of the population decreasing rapidly and the...
Persistent link: https://www.econbiz.de/10011131964
In this paper, we describe the usefulness of stock sample measures for average unemployment durations, when the parameter of interest is the expected unemployment duration. If both job separations and job accessions follow a Poisson process which are constant over time, the stock sample measure...
Persistent link: https://www.econbiz.de/10010740332
In this paper we analyze the consequences of small labour-market entry cohorts on (un)employment in Western Germany. From a theoretical point of view, small entry cohorts may on the one hand reduce unemployment due to “inverse cohort crowding” or on the other hand increase...
Persistent link: https://www.econbiz.de/10011150898