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Job creation in tight and slack labor markets
Buchheim, Lukas; Watzinger, Martin; Wilhelm, Matthias - 2019
large, long-term photovoltaic invest scheme in Germany. Comparing counties with high and low unemployment both over time and …
Persistent link: https://www.econbiz.de/10012033285
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Minimum wages and insurance within the firm
Adamopoulou, E rosyni; Manaresi, Francesco; Rachedi, Omar; … - 2024
Minimum wages generate an asymmetric pass-through of rm shocks across workers. We establish this result leveraging employer-employee data on Italian metalmanufacturing rms, which face di erent wage oors that vary within occupations. In response to negative rm productivity shocks, workers close...
Persistent link: https://www.econbiz.de/10014518663
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EU enlargement and (temporary) migration : effects on labour market outcomes in Germany
Hammer, Luisa; Hertweck, Matthias S. - 2022
EU Eastern Enlargement elicited a rise in (temporary) labour market oriented immi-gration to Germany starting in May 2011. Taking into account that not all immigrantsstay permanently and that outmigration flows are selective, this paper classifies recent EUimmigrants into “new arrivals” and...
Persistent link: https://www.econbiz.de/10012821802
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Wage divergence and unemployment : the impact of insider power and training costs
Muysken, Joan - 2000
The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … to an increased relative skill demand which is not matched by the skill supply and therefore mis-match unemployment …
Persistent link: https://www.econbiz.de/10013428334
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Monetary policy and unemployment in open economies
Engler, Philipp - 2011
After an expansionary monetary policy shock employment increases and unemployment falls. In standard New Keynesian … models the fall in aggregate unemployment does not affect employed workers at all. However, Lüchinger, Meier and Stutzer … (2010) found that the risk of unemployment negatively affects utility of employed workers: An increases in aggregate …
Persistent link: https://www.econbiz.de/10009405109
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Higher-order income risk over the business cycle
Busch, Christopher; Ludwig, Alexander - 2020
We extend the canonical income process with persistent and transitory risk to shock distributions with left-skewness and excess kurtosis, to which we refer as higher-order risk. We estimate our extended income process by GMM for household data from the United States. We find countercyclical...
Persistent link: https://www.econbiz.de/10012215285
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Distributional effects of a minimum wage in a welfare state : the case of Germany
Müller, Kai-Uwe; Steiner, Viktor - 2013
A popular argument for a federal minimum wage is that it will prevent in-work poverty and reduce income inequality. We examine this assertion for Germany, a welfare state with a relative generous means-tested social minimum and high marginal tax rates. Our analysis is based on a microsimulation...
Persistent link: https://www.econbiz.de/10010234179
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When the minimum wage really bites hard : impact on top earners and skill supply
Gregory, Terry; Zierahn, Ulrich - 2020
effect and provide empirical support for our theory. …
Persistent link: https://www.econbiz.de/10012285605
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Tarifbindung und die ökonomische Rationalität von Lohnrigiditäten
Franz, Wolfgang; Pfeiffer, Friedhelm - 2000
This study provides empirical evidence for the economic rationality of wage rigidities. Theoretically wage rigidities can result from contracts, implicit contracts, from efficiency wages and from insider-outsider behaviour. Based on a survey of 801 firms strong support has been found for...
Persistent link: https://www.econbiz.de/10001541220
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Labor market reforms, precautionary savings, and global imbalances
Hochmuth, Brigitte; Moyen, Stephane; Stähler, Nikolai - 2019
reducing the generosity of unemployment benefits decreases wages, fosters employment and augments competitiveness as well as …
Persistent link: https://www.econbiz.de/10011995060