find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …

presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by hindering real wage …Bei Vorliegen nach unten starrer Nominallöhne erschwert niedrige Inflation Reallohnanpassungen und führt so … möglicherweise zu erhöhter gleichgewichtiger Arbeitslosigkeit. Dieser Aufsatz analysiert die wachsende Evidenz zu nach unten starren …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … western Germany over the period 1990-97. …

Using linked employer-employee panel data for Germany, this paper investigates whether firms implement real wage …

results of labour markets in eastern and western Germany have become quite similar in some respects but still differ markedly … different rates of unemployment. These differences may reflect observable and unobservable characteristics of economic actors as …

spatial econometric SEM-CT framework is illustrated on the basis of a simple regional labour market model for Germany made up … of the endogenous state variables unemployment change and population change and of the exogenous input variables change …

market and, on rigid labor markets, for unemployment. Exploiting variation in exit-exam systems across German states, we find … market, as well as with lower unemployment. …

Germany can be regarded as a showcase for labor market reforms. Moreover, its labor market responded only mildly to the …

also a driver of behavior and life's outcomes? Rich survey data of recent entrants into unemployment in Germany show that a …