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Real Unit Labour Costs in Eurozone Countries: Drivers and Clusters

Ordóñez, Javier; Sala, Hector; Silva, José I. - Institute for the Study of Labor (IZA) - 2014

We examine the trajectories of the real unit labour costs (RULCs) in a selection of Eurozone economies. Strong asymmetries in the convergence process of the RULCs and its components – real wages, capital intensity, and technology – are uncovered through decomposition and cluster analyses. In...

Persistent link: https://www.econbiz.de/10010884247

Real Wages over the Business Cycle: OECD Evidence from the Time and Frequency Domains

Messina, Julián; Strozzi, Chiara; Turunen, Jarkko - Institute for the Study of Labor (IZA) - 2008

We study differences in the adjustment of aggregate real wages in the manufacturing sector over the business cycle across OECD countries, combining results from different data and dynamic methods. Summary measures of cyclicality show genuine cross-country heterogeneity even after controlling for...

Persistent link: https://www.econbiz.de/10005703513

Doing Well in Reforming the Labour Market? Recent Trends in Job Stability and Wages in Germany

Giannelli, Gianna Claudia; Jaenichen, Ursula; Rothe, Thomas - Institute for the Study of Labor (IZA) - 2013

The German "employment miracle", with a weak decline in employment and low unemployment during the great recession, seems to be a good example for a successful labour market reform. Nevertheless, there are concerns about rising inequality in the labour market. In this paper we analyze the...

Persistent link: https://www.econbiz.de/10010691288

Real Wages and the Business Cycle in Germany

Marczak, Martyna; Beissinger, Thomas - Institute for the Study of Labor (IZA) - 2010

This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany. As detrending methods we apply the deterministic trend model, the Beveridge-Nelson decomposition, the Hodrick-Prescott filter, the Baxter-King filter and the structural time...

Persistent link: https://www.econbiz.de/10008678691

An Essay on Real Wage Index Numbers

Pencavel, John - Institute for the Study of Labor (IZA) - 2011

Real wage index numbers have been used to measure movements in the standard of living of the typical worker. This paper describes some of these indicators for the United States and England. A new real wage index is proposed that resembles the sliding scale used to adjust wages in certain...

Persistent link: https://www.econbiz.de/10008804587

The Impact of the Unemployment Benefit System on International Spillover Effects

Beissinger, Thomas; Buesse, Oliver - Institute for the Study of Labor (IZA) - 2002

Based on a two-country model it is scrutinized how the structure of the unemployment benefit system affects the consequences of idiosyncratic labor market shocks on real wages and unemployment in other countries. International spillover effects are caused by changes in world real income. The...

Persistent link: https://www.econbiz.de/10005762260

Fünf Jahre EU-Ostererweiterung: Schlechte Noten für deutsche Abschottungspolitik

Rinne, Ulf; Zimmermann, Klaus F. - Institute for the Study of Labor (IZA) - 2009

Arbeitnehmerfreizügigkeit innerhalb der Europäischen Union führt nicht zu Belastungen des Arbeitsmarktes und der Sozialversicherungen. Zu diesem Ergebnis kommt eine aktuelle Forschungsarbeit über die Entwicklungen und Folgen der Ost-West-Migration nach den jüngsten Erweiterungsrunden der...

Persistent link: https://www.econbiz.de/10008615421

International Migration of Couples

Junge, Martin; Munk, Martin D.; Poutvaara, Panu - Institute for the Study of Labor (IZA) - 2014

We present a theory on migration of dual-earner couples and test it in the context of international migration. Our …. The effect of the home-country earnings of the secondary earner may go either way. We test our theory using population … and couples in which women earned more. The empirical results for dual-earner couples are in line with the theory. The …

Persistent link: https://www.econbiz.de/10010885186

Climate Variability and International Migration: The Importance of the Agricultural Linkage

Cai, Ruohong; Feng, Shuaizhang; Pytlikova, Mariola; … - Institute for the Study of Labor (IZA) - 2014

While there is considerable interest in understanding the climate-migration relationship, particularly in the context of concerns about global climatic change, little is known about underlying mechanisms. We analyze a unique and extensive set of panel data characterizing annual bilateral...

Persistent link: https://www.econbiz.de/10010959642

Let's Be Selective about Migrant Self-Selection

Biavaschi, Costanza; Elsner, Benjamin - Institute for the Study of Labor (IZA) - 2013

Migrants are typically self-selected from the population of their home country. While a large literature has identified the causes of self-selection, we turn in this paper to the consequences. Using a combination of non-parametric econometrics and calibrated simulation, we quantify the impact of...

Persistent link: https://www.econbiz.de/10010959688

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