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No role for the Hartz reforms? : demand and supply factors in the German labor market, 1993-2014

Burda, Michael C.; Seele, Stefanie - 2016

The supply and demand framework of Katz and Murphy (1992) provides new evidence on the source of changes in socially insured full-time and part-time employment in years preceding and following the implementation of the landmark Hartz reforms in Germany. Our findings are consistent with a stable...

Persistent link: https://www.econbiz.de/10011437993

The German labor market miracle, 2003-2015 : an assessment

Burda, Michael C. - 2016

This paper reviews the dramatic and widely noted developments in the German labor market in the past decade and surveys the most plausible reasons for these changes. Alternative hypotheses are compared and contrasted. I argue that the labor market reforms associated with the Agenda 2010 – the...

Persistent link: https://www.econbiz.de/10011437903

The pro-competitive consequences of trade in frictional labor markets

Firooz, Hamid - 2023

. In particular, I show that once markups are allowed to respond to trade liberalization, unemployment and residual wage …

Persistent link: https://www.econbiz.de/10014364693

Union wage compression in a Right-to-Manage model

Vogel, Thorsten (contributor) - 2007

Trade unions are consistently found to compress the wage distribution. Moreover, unemployment affects in particular low …

Persistent link: https://www.econbiz.de/10003422977

Sorting and the output loss due to search frictions

Gautier, Pieter; Teulings, Coen N. - 2011

. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …

Persistent link: https://www.econbiz.de/10009010505

Sufficient statistics for frictional wage dispersion and growth

Vejlin, Rune Majlund; Veramendi, Gregory - 2020

This paper develops a sufficient statistics approach for estimating the role of search frictions in wage dispersion and lifecycle wage growth. We show how the wage dynamics of displaced workers are directly informative of both for a large class of search models. Specifically, the correlation...

Persistent link: https://www.econbiz.de/10012319318

Education, lack of complementary investment and underemployment in an open economy

Marjit, Sugata; Ahuja, Rashmi; Pandey, Abhilasha - 2021

In many developing economies rate of unemployment is increasing with skill accumulation and thereby leading to … also how skill formation or education affects unemployment among the remaining uneducated. We have developed a general … equilibrium model of a small open developing economy incorporating skill formation, unemployment of unskilled labour in the formal …

Persistent link: https://www.econbiz.de/10012612938

Biased expectations and labor market outcomes : evidence from German survey data and implications for the East-West wage gap

Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023

We measure individual bias in labor market expectations in German survey data and find that workers on average significantly overestimate their individual probabilities to separate from their job when employed as well to find a job when unemployed. These biases vary significantly between...

Persistent link: https://www.econbiz.de/10014247564

The impact of ICT investments on the relative demand for high-medium-, and low-skilled workers : industry versus country analysis

Schneider, Dorothee - 2010

In this paper I analyze the effects of information and communication technology (ICT) on compensation shares of high-, medium-, and low-skilled workers. Com- pared to other studies, I investigate this question using a considerably richer data set with respect to the length of time series, set of...

Persistent link: https://www.econbiz.de/10003953009

Adieu Rabenmutter : the effect of culture on fertility, female labour supply, the gender wage gap and childcare

Borck, Rainald - 2011

This paper studies the effect of cultural attitudes on childcare provision, fertility, female labour supply and the gender wage gap. Cross-country data show that fertility, female labour force participation and childcare are positively correlated with each other, while the gender wage gap seems...

Persistent link: https://www.econbiz.de/10009009595