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In this paper we use the NEG framework of the Helpman model to investigate the spatial distribution of wages across German labour market regions under different assumptions. As the assumptions of equal regional price level and equal real wages are strongly rejected for the German economy,...
Persistent link: https://www.econbiz.de/10005652890
This paper examines the impact of demographic change on production today and in 2020. For the estimation a translog production function is used. The results show a mostly divergent development. It is shown that there is a strong centre-periphery disparity. Taking the population in 2020 into...
Persistent link: https://www.econbiz.de/10005685599