evaluate the effects of an increasing low-wage sector on unemployment, the concept of the non-accelerating inflation rate of … unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting …The creation of jobs in the low-pay sector is considered to be an approach to reduce unemployment, especially with …

do not lead to higher downward wage flexibility and lower unemployment. However, higher employment protection …

This paper addresses the question of why prolonged regional unemployment differentials tend to persist even after their … proximate causes have been reversed (e.g., after wages in the highunemployment regions have fallen relative to those in the low-unemployment …-productivity "trap," through the attrition of skills and work habits. We develop and calibrate a model along these lines for East Germany …

This paper addresses the question of why high unemployment rates tend to persist even after their proximate causes have … persistence versus relatively high microeconomic labor market flow numbers. We calibrate the model for East Germany and examine …

the economic shock and predict layoffs and unemployment in the second quarter of 2020. The analysis allows for the … unemployment due to the pandemic vary throughout New England, and such adverse labor market effects tend to be somewhat smaller in … the region than in the country as a whole. Additionally, official estimates of unemployment from available second …

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …

was a major driver for the decline of Germany's unemployment and that partial and equilibrium effect where of equal …This paper proposes a new approach to evaluate the macroeconomic effects of the Hartz IV reform in Germany, which … reduced the generosity of long-term unemployment benefits. We use a model with different unemployment durations, where the …

generosity of long-term unemployment benefits. We propose a model with different unemployment durations, where the reform … decline in the replacement rate for long-term unemployed. We find that Hartz IV was a major driver for the decline of Germany …’s steady state unemployment and that partial and equilibrium effect were nearly of equal importance. In addition, we provide …