the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …

It is commonplace in the debate on Germany?s labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the …

job?to?job transitions, age, and education on wage mobility. Based on our descriptive analysis, we conclude that indeed a …

This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two … ways. First, we examine the correlation between training and mobility. In a second step, we consider wage effects of …

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …

Concentration of immigrants and its associated externalities have become an important topic in contemporary … externalities created by the influx of immigrants. Second, it presents a stylized model in which human capital accumulation and …

unemployment. Simulating job matching patterns in a scenario of economic convergence between eastern and western Germany …