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Germany, as most other European countries, has been plagued by a persistently high level of long-term unemployment … level of long-term unemployment in Germany relative to the United States? …
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We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....
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Although explanations of the persistence of high unemployment in Germany, in particular long-term unemployment, have …-Economic Panel for West Germany covering the period 1983 to 1992. The focus of the study is on the importance of "negative duration …
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