Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …

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 …

Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor … structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features … close relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable …

konkurrierende Implikationen aus der Theorie der Grenzproduktivitätsentlohnung und der Suchtheorie abgeleitet und empirisch …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

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 …

workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …