The poor and the unemployed are politically less interested and active than persons above the poverty line and the working population. Compared to other European democracies, Germany shows above-average levels of inequality of political participation. Data from the German Socio-economic Panel...

Menschen mit geringem Einkommen und Arbeitsuchende sind politisch weniger interessiert und aktiv als Personen oberhalb der Armutsrisikoschwelle sowie Erwerbstätige. Die Ungleichheit in der politischen Beteiligung ist in Deutschland im Vergleich zu anderen europäischen Demokratien leicht...

Menschen mit geringem Einkommen und Arbeitsuchende sind politisch weniger interessiert und aktiv als Personen oberhalb der Armutsrisikoschwelle sowie Erwerbstätige. Die Ungleichheit in der politischen Beteiligung ist in Deutschland im Vergleich zu anderen europäischen Demokratien leicht...

This paper analyses the long-memory properties of both the conditional mean and variance of UK real GDP over the period 1851-2013 by estimating a multivariate ARFIMA-FIGARCH model (with the unemployment rate and inflation as explanatory variables). The results suggest that this series is...

According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into question recently (Baker et al 2005, Baccaro and Rei...

The deterioration of the income and employment position of unskilled workers in the OECD since the 1980s is a well-documented fact. The debate about the causes of this development is dominated by two competing hypotheses, "North-South Trade" ("globalisation") and technological progress. Several...

New-Keynesian macroeconomic models typically assume that any long-run trade-off between inflation and unemployment is ruled out. While this appears to be a reasonable characterization of the US economy, it is less clear that the natural rate hypothesis necessarily holds in a European country...

The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the country has experienced since the Great Depression. The unemployment rate reached as high as 10.1 percent in October 2009 - the highest we have seen since the 1982 recession. In...

The recession the United States economy entered in December of 2007 is considered to be the most severe downturn the country has experienced since the Great Depression. In this paper we decompose the changes in the unemployment rate by examining worker ows into and out of unemployment during the...

This paper analyzes the reservation wages of first and second generation migrants. Based on recently collected and rich survey data of a representative inflow sample into unemployment in Germany, we empirically test the hypothesis that reservation wages increase from first to second generation...