unemployment rate and the vacancy rate increase sharply, but those of output and total hours worked do not appreciably change. …

Abstract German (English abstract is added below) Arbeitslosigkeit gilt als eines der schwerwiegendsten … Arbeitslosigkeit, für die anhaltende Beschäftigungskrise vor? Und in welchem Umfang hat das deutsche Sozial- und Wohlfahrtssystem zu … die Aufgabe einer Arbeitslosenversicherung die soziale Absicherung im Falle einer möglichen, temporären Arbeitslosigkeit …

spending shock. We construct and estimate an equilibrium model that matches this observation both in a qualitative sense and … costs with unemployment arising from unobservable effort. Key to its success is an insurance design that partially protects …

shock occurs—because of the variations in short-term employment being larger than those in long-term employment. Moreover …

-term employment ratio amplifies the fluctuations in total employment—when a temporary productivity shock occurs—because of the …

-term employment ratio amplifies the fluctuations in total employment—when a shock to the total factor productivity occurs—because of …

I interpret the empirical evidence on government spending multipliers using an equilibrium model of unemployment in … consumption cost of unemployment. …

-term employment ratio amplifies the fluctuations in total employment—when a shock to the total factor productivity occurs—because of …

in response to a productivity shock. Although employment fluctuations remain constant, changes in job offers amplify when … leave. The shock responses of other variables in each model are in line with the reactions of the standard dynamic general …

in response to a productivity shock. Although employment fluctuations remain constant, changes in job offers amplify when … leave. The shock responses of other variables in each model are in line with the reactions of the standard dynamic general …