unemployment and on unemployment duration of the older unemployed aged 54-56. This group lost a smooth early retirement path via … the unemployment benefits scheme. We show that the reform effectively reduced the amount of early retirement at the … unemployment benefits for early retirement purposes. …

, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …

demographic aging mainly increasing the older workforce and shrinking the younger one, our results imply that innovation levels in …

From 2002–2004, the German government passed several laws that curtailed the generosity of the unemployment … compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for … highly disputed reform induced a considerable decline in unemployment incidence among older workers. It thus sealed an …

, we investigate the employment effects of innovations over the business cycle. Our analysis employs a large data set of …. (2014), our empirical analysis reveals four important findings: First, the net effect of product innovation on employment … innovators are more resilient to recessions than non-product innovators. Even during recessions they are able to substitute …

reform on wages and unemployment. The simulation results show that general equilibrium wage reactions tend to mitigate labour … supply effects. Moreover, the simulations indicate that substantial employment effects are to be expected only from major …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …