Showing 1 - 10 of 120
find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given …"So far little empirical evidence exists on how real wages of newly hired workers react to business cycle conditions …. This paper aims at filling this gap for Germany by analyzing the cyclical behavior of real wages of newly hired workers …
Persistent link: https://www.econbiz.de/10010641641
heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the …"This paper analyses theoretical effects of minimum wages on employment and the wage distribution under a frictional … setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under …
Persistent link: https://www.econbiz.de/10005537096
heterogenous case theoretical results are mixed. There is no unique connection between unemployment and minimum wages, and the …"This paper analyses theoretical effects of minimum wages on employment and the wage distribution under a frictional … setting. I review new developments in search theory and discuss the influence of minimum wages on wages and employment under …
Persistent link: https://www.econbiz.de/10010592293
find that an increase in the unemployment rate of one percentage point decreases the real wages of job entries within given …"So far little empirical evidence exists on how real wages of newly hired workers react to business cycle conditions …. This paper aims at filling this gap for Germany by analyzing the cyclical behavior of real wages of newly hired workers …
Persistent link: https://www.econbiz.de/10010592484
"Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10008506504
"Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity (DNWR). However, the resulting macroeconomic effects seem to be surprisingly weak. This contradiction can be explained within an intertemporal framework in which DNWR not only...
Persistent link: https://www.econbiz.de/10010592430
"We forecast unemployment for the 176 German labour-market districts on a monthly basis. Because of their small size …
Persistent link: https://www.econbiz.de/10005537154
"Using a representative establishment dataset, this paper is the first to analyze the incidence of wage posting and wage bargaining in the matching process from the employer's side. We show that both modes of wage determination coexist in the German labor market, with about two-thirds of hirings...
Persistent link: https://www.econbiz.de/10010795475
"We forecast unemployment for the 176 German labour-market districts on a monthly basis. Because of their small size …
Persistent link: https://www.econbiz.de/10010592415
estimated in many empirical studies. Up to now, the connection of regional unemployment with reservation wages has not been … between unemployment and reservation wages." (Author's abstract, IAB-Doku) ((en)) …"Reservation wages indicate the wage threshold for which individual workers are inclined to supply their working …
Persistent link: https://www.econbiz.de/10010641645