The ins and outs of German unemployment: a transatlantic perspective

Hertweck, Matthias Sebastian and Sigrist, Oliver . (2015) The ins and outs of German unemployment: a transatlantic perspective. Oxford Economic Papers, 67 (4). pp. 1078-1095.

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This article decomposes fluctuations in the German unemployment rate into changes in inflows (job separation) and outflows (job finding). For this purpose, we construct and examine monthly labour market transition rates from the West German sample of the SOEP (and the CPS) for the period 1984–2009. We explicitly take account of the low level of labour market transition rates in Germany. Our article shows that in West Germany, changes in the inflow rate are more important (about 60%) than changes in the outflow rate, whereas in the USA close to 80% are due to changes in the outflow rate.
Faculties and Departments:06 Faculty of Business and Economics > Departement Wirtschaftswissenschaften > Professuren Wirtschaftswissenschaften > Wirtschaftstheorie (Berentsen)
UniBasel Contributors:Hertweck, Matthias S. and Sigrist, Oliver
Item Type:Article, refereed
Article Subtype:Research Article
Publisher:Oxford University Press
Note:Publication type according to Uni Basel Research Database: Journal article
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Last Modified:16 Dec 2016 08:11
Deposited On:16 Dec 2016 08:11

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