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Whodunnit? Changes in the relative demand for unskilled and skilled labor

Schimmelpfennig, Axel - 1999

relative wage of the skilled. Increasing unemployment results only for a restrictive assumption about labor market rigidities. …

Persistent link: https://www.econbiz.de/10010333017

The macroeconomics of the labor market: Three fundamental views

Karanassou, Marika; Sala, Héctor; Snower, Dennis J. - 2007

We distinguish and assess three fundamental views of the labor market regarding the movements in unemployment: (i) the … that all the short-run fluctuations automatically turn into long-run changes in the unemployment rate. We assert the …

Persistent link: https://www.econbiz.de/10010276418

Regional labor markets, network externalities and migration: the case of German reunification

Uhlig, Harald - 2007

, two equilibria can result: one with a high networking rate, high average labor productivity, low unemployment and no … emigration (?West Germany?) and one with a low networking rate, low average labor productivity, high unemployment and a constant …

Persistent link: https://www.econbiz.de/10010260567

Provision of public goods, voting and agglomerative bias

Kopp, Andreas - 1998

Skill-biased technical change is identified as the driving force behind the changing skill composition in OECD countries rather than structural change. The finding is partly the result of the sectoral view taken. This paper suggests a different view which uses the production process as a...

Persistent link: https://www.econbiz.de/10010275394

Employment to output elasticities & reforms towards flexicurity: Evidence from OECD countries

Görg, Holger; Hornok, Cecília; Montagna, Catia; … - 2018

How do labour market policies influence employment's responsiveness to output fluctuations (employment-output elasticity)? We revisit this question on a panel of OECD countries, which also incorporates the period of the Great Recession. We distinguish between passive and active labour market...

Persistent link: https://www.econbiz.de/10011933984

Interactions between employment and training policies

Oskamp, Frank; Snower, Dennis J. - 2007

This paper examines the interactions between employment and training policies. Their effectiveness in stimulating income may be interdependent for various important reasons. For example, the more employment policies stimulate the employment rate, the greater the length of time over which workers...

Persistent link: https://www.econbiz.de/10010272951

The effect of low-wage subsidies on skills and employment

Oskamp, Frank; Snower, Dennis J. - 2006

We explore the far-reaching implications of low-wage subsidies on aggregate employment. Low-wage subsidies have three important effects. First, they promote employment of unskilled workers (who tend to be the ones who earn low wages). Second, by raising the payoff of unskilled work relative to...

Persistent link: https://www.econbiz.de/10010272975

Trend growth, unemployment and optimal monetary policy

Lechthaler, Wolfgang; Tesfaselassie, Mewael - 2015

and matching unemployment. We show that trend growth in itself does not generate a trade-off for the monetary authority …

Persistent link: https://www.econbiz.de/10011301390

The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist?

Christensen, Björn - 2001

characteristics of the unemployed are the most important determinants of reservation wages. In contrast neither unemployment duration … nor different kinds of unemployment benefits influence reservation wages. Hence the findings corroborate the hypothesis …

Persistent link: https://www.econbiz.de/10010260475

Keynesian and monetarist views on the German unemployment problem: theory and evidence

Gottschalk, Jan - 2002

Persistently high unemployment rates in Germany have led to a long-running controversy on the causes of the … unemployment problem. This paper aims to review the contribution of Keynesian and monetarist theories to this controversy and … explores empirically their implications for the explanation of high unemployment in Germany using a structural vector …

Persistent link: https://www.econbiz.de/10010260487

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