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expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …
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The concept of the employment threshold plays an important role in the public discussion of unemployment. The employment threshol d is defined as that growth rate of output which is necessary to keep employment constant despite the continuous rise in labour productivity. It is related to the...
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study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and … exploit a reform of naturalization rules in an instrumental variable estimation. In our sample of recent immigrants, linear …
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fare worse than similar workers from other sectors. Finally, self-reported reservation wages are found to respond strongly …
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We structurally estimate an equilibrium search model using German administrative data and use this for counterfactual analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment effects a priori and allows for different job offer...
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