Showing 1 - 10 of 55
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …
Persistent link: https://www.econbiz.de/10005097817
-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …
Persistent link: https://www.econbiz.de/10005098021
Isolated effects of labor and product market institutions as well as the interaction between both aforementioned … categories on unemployment have been extensively discussed in the empirical literature. However, interaction effects between … individual labor market institutions have been widely neglected, mainly due to the infeasibility to correctly specify the model …
Persistent link: https://www.econbiz.de/10009323188
Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …
Persistent link: https://www.econbiz.de/10008646453
It is commonplace in the debate on Germany?s labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the …
Persistent link: https://www.econbiz.de/10005098162
Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor market transitions and associated wage changes. Accordingly, job?to?job transitions are central in explaining the wage distribution. This paper uses the IAB employment...
Persistent link: https://www.econbiz.de/10005098266
considered an adequate policy to reduce unemployment. From the perspective of economic theory the outcome is in general ambiguous …
Persistent link: https://www.econbiz.de/10005097833
Following the predominance of macroeconomic stabilisation policies and passive income support schemes in the first phase of transition, active labour market policies (ALMPs) have now come to play a more important role in transition economies. This paper looks at the Polish experience and...
Persistent link: https://www.econbiz.de/10008531771
This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …
Persistent link: https://www.econbiz.de/10005097479
In this paper, we analyze oil price impacts on unemployment for Germany. Firstly, we survey theoretical and empirical … literature on the oil-unemployment relationship and relate them to the German case. Secondly, we illustrate this issue within the … 1973 to 2008, we show that oil price increases induce a rise in unemployment in the German labor market. Moreover, for a …
Persistent link: https://www.econbiz.de/10005098049