Contributions to Economics

Unemployment Dynamics in the United States and West Germany

Economic Restructuring, Institutions and Labor Market Processes

Authors: Gangl, Markus

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About this book

The study provides a comparative empirical analysis of the dynamics of unemployment in the United States and West Germany. Based on longitudinal data and recent microeconometric methods, the analysis discusses different explanations for both the higher inflow into as well as the higher outflow from unemployment common in the United States. Despite cross-national differences in terms of the skill distribution and patterns of economic restructuring across industries and occupations, the study stresses institutional explanations for the observed country differences. Most importantly, more flexible U.S. labor markets contribute to higher labor turnover, resulting in both lower levels of job security, higher vacancy levels in external labor markets, and higher competitiveness of unemployed job seekers. Unemployment insurance, in turn, has only small effects on unemployment duration, yet contributes to smaller scar effects of unemployment among German workers.

Table of contents (8 chapters)

Table of contents (8 chapters)

Buy this book

eBook 93,08 €
price for Spain (gross)
  • ISBN 978-3-642-57334-7
  • Digitally watermarked, DRM-free
  • Included format: PDF, EPUB
  • ebooks can be used on all reading devices
  • Immediate eBook download after purchase
Softcover 114,39 €
price for Spain (gross)
  • ISBN 978-3-7908-1533-7
  • Free shipping for individuals worldwide
  • Institutional customers should get in touch with their account manager
  • Covid-19 shipping restrictions
  • Usually ready to be dispatched within 3 to 5 business days, if in stock
  • The final prices may differ from the prices shown due to specifics of VAT rules
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Bibliographic Information

Bibliographic Information
Book Title
Unemployment Dynamics in the United States and West Germany
Book Subtitle
Economic Restructuring, Institutions and Labor Market Processes
Authors
Series Title
Contributions to Economics
Copyright
2003
Publisher
Physica-Verlag Heidelberg
Copyright Holder
Springer-Verlag Berlin Heidelberg
eBook ISBN
978-3-642-57334-7
DOI
10.1007/978-3-642-57334-7
Softcover ISBN
978-3-7908-1533-7
Series ISSN
1431-1933
Edition Number
1
Number of Pages
VIII, 292
Number of Illustrations
61 b/w illustrations
Topics