This paper argues that aging of the labor force affects job creation and job destruction. To analyze this, we extend a standard model of equilibrium unemployment and search in the labor market by the distinction between age specific separation risks and a productivity differential between young...

Arbeitslosigkeit stellt in Deutschland seit Mitte der 70er Jahre ein dauerhaftes wirtschafts- und gesellschaftspolitisches Problem dar. Von der zunehmenden Arbeitslosigkeit sind gering qualifizierte Personen besonders betroffen. Ziel dieses Buches ist es, die Relevanz und das Gewicht...

This paper explores the relationship between growth and unemployment. Knowledge formation is the source of growth, which includes the two dimensions technologies and skills. Both are connected through a technology-skill complementarity which may have limiting effects on the reallocation of labor...

This paper develops an endogenous growth model with continuous labor reallocation. Economic integration increases the home availability of technologies globally developed. The wider technology pool has implications for the vintage structure of the manufacturing sector and affects the revenues...

The macroeconomic experience has been somewhat ambiguous during the historic experiment of economic transition in the former centrally-planed countries in Central and East Europe (CEE). The economic restructuring produced a notable catching-up in terms of productivity but also a J-curve shape of...