This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …

labor market ensures that the long-run unemployment rate is independent of the size of the capital stock, productivity, and … influence the long-run unemployment rate. Layard-Nickell-Jackman "invariance condition" for labor market systems. This condition … is meant to ensure that unemployment is not trended in response to growth in the capital stock, the labor force, or …

This paper describes IZAΨMOD, the policy microsimulation model of the Institute for the Study of Labor (IZA). The model …, public transfers. Secondly, behavioral labor supply responses are estimated. The third component distinguishes our model from … most other microsimulation tools. A demand module takes into account possible restrictions of labor demand and identifies …

and employment. The transition of immigrants into a new labor market is a gradual process: the dynamics of this process … increases as immigrants acquire local labor market skills and compete with native workers. We empirically examine these …This paper studies the dynamic impact of mass migration from the Former Soviet Union to Israel on natives’ labor market …

of hiring would decrease with a growth in available labor for two reasons: (1) individuals seeking employment would be … the cost of hiring and increase employment demand at any given wage rate. Hence, a change in the labor force – such as the … of the labor force and employment demand as recently highlighted by Stock and Watson in their examination of the 2007 …

The labor market differs from other markets in many respects. Most important is that those who supply labor also have … deliver labor, since they are in the work place. Secondly, the result of a person's work varies with the price of labor … dependent on the person. The paper firstly deals with economic models of labor supply, labor demand, labor remuneration and …

When assessing the effects of policy reforms on the labor market, most studies only focus on labor supply. The … interaction of supply and demand side is not explicitly modeled, which might lead to biased estimates of potential labor market … outcomes. This paper proposes a straightforward method to remedy this shortcoming. We use information on firms’ labor demand …

moving from employment to non-employment in a segmented labor market that is defined by various combinations of schooling …, occupation, industry, district of residence and experience. We find that the share of immigrants in a given labor market segment … is generally positively associated with the probability of natives to move from employment in that segment to non-employment …

households and firms. The extent to which this is associated with negative impacts on employment depends on the interrelationship … between labor and electricity as input factors. In this paper, we estimate cross-price elasticities between electricity and … heterogeneous labor for the German manufacturing sector. We use administrative linked employer-employee micro data combined with …