This paper gives a short overview of the unemployment problem in Germany during the last decade. In a disequilibrium macroeconomic framework there are strong linkages between spillovers of domestic demand on trade flows and labor demand. In the econometric part of the paper these linkages are...

This paper is devoted to a theoretical analysis of the Beveridge curve, i. e. , the relation between unemployment and vacancies. Most empirical studies of the u - v curve for various countries find an outward shift thus indicating higher structural unemployment due to increased maladjustments on...

This paper provides new estimates of a timevarying NAIRU for Germany taking account of the structural break caused by German unification based on the Kalman Filter and on a partially linear model as two alternatives. Estimating a standard Phillips curve, the sum of coefficients associated with...