Narrow search
Showing 1 - 10 of 101
Cover Image
The Minimum Wage from a Two-Sided Perspective
Brown, Alessio J. G.; Merkl, Christian; Snower, Dennis - Institut für Weltwirtschaft (IfW) - 2014
This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms' job offer and workers' job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show that...
Persistent link: https://www.econbiz.de/10010887014
Cover Image
Migration, trade and unemployment
Heid, Benedikt; Larch, Mario - Institut für Weltwirtschaft (IfW) - 2011
immigration on unemployment. The transitory restrictions for worker migration after the EU enlargements of 2004 and 2007 exemplify … alongside trade on unemployment taking into account the substitutability of worker and goods flows. We use data from 24 OECD … persistence of unemployment. We find a significant negative effect of immigration on unemployment on average. …
Persistent link: https://www.econbiz.de/10009372166
Cover Image
The Determinants of Reservation Wages in Germany Does a Motivation Gap Exist?
Christensen, Björn - Institut für Weltwirtschaft (IfW) - 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/10005755186
Cover Image
Increased price markup from union coordination: OECD panel evidence
Bjørnstad, Roger; Kalstad, Kjartan Øren - Institut für Weltwirtschaft (IfW) - 2010
effect of coordination on unemployment. …
Persistent link: https://www.econbiz.de/10008555993
Cover Image
Does Migration Raise Agricultural Investment? An Empirical Analysis for Rural Mexico
Böhme, Marcus - Institut für Weltwirtschaft (IfW) - 2013
The effect of remittances on capital accumulation remains a contested topic. This paper uses a panel data set from rural Mexico to investigate the impact of remittances on agriculture and livestock investments. After controlling for the endogeneity of migration through an instrumental variable...
Persistent link: https://www.econbiz.de/10010886841
Cover Image
FDI, skill-specific unemployment, and institutional spillover effects
Schmerer, Hans-Jörg - Institut für Weltwirtschaft (IfW) - 2012
facilitates the analysis of skill-specific institutional changes. A government can influence wages and unemployment of the low …
Persistent link: https://www.econbiz.de/10009416986
Cover Image
Structural unemployment in Europe: A bird's-eye view
Paqué, Karl-Heinz - Institut für Weltwirtschaft (IfW) - 1996
This paper presents a synoptic interpretation of structural unemployment in Europe. The paper consists of three parts …. Part 1 summarises some major stilysed facts of the record and the state of unemployment in Europe. In part 2, these facts … are taken as the basis for a theoretical interpretation of the genesis and persistence of European unemployment. Part 3 …
Persistent link: https://www.econbiz.de/10009276307
Cover Image
They Are Even Larger! More (on) Puzzling Labor Market Volatilities
Gartner, Hermann; Merkl, Christian; Rothe, Thomas - Institut für Weltwirtschaft (IfW) - 2009
This paper shows that the German labor market is more volatile than the US labor market. Specifically, the volatility of the cyclical component of several labor market variables (e.g., the job-finding rate, labor market tightness, and job vacancies) divided by the volatility of labor...
Persistent link: https://www.econbiz.de/10004987458
Cover Image
Real wages and monetary policy transmission in the euro area
McCallum, Andrew; Smets, Frank - Institut für Weltwirtschaft (IfW) - 2007
We use the Factor-Augmented Vector Autoregression (FAVAR) approach of Bernanke, Boivin and Eliasz (2005) to estimate the effects of monetary policy shocks on wages and employment in the euro area. The use of a large data set comprising country, sectoral and euro area-wide data allows us to...
Persistent link: https://www.econbiz.de/10005818845
Cover Image
Implicit Microfoundations for Macroeconomics
Wright, Ian - Institut für Weltwirtschaft (IfW) - 2008
A large market economy has a huge number of degrees of freedom with weak microlevel coordination. The implicit microfoundations' approach assumes this property of micro-level interactions more strongly conditions macro-level outcomes compared to the precise details of individual choice behavior;...
Persistent link: https://www.econbiz.de/10005083360