quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …

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

experiences of these macroeconomic outcomes they have made during life. Focusing on expectations about national inflation …, national unemployment and national business conditions, I measure individual-specific experiences as weighted averages of these …

a beneficial impact on RPIX inflation over the last few years. We show that deviations of unemployment from the short …This paper derives alternative measures of the short-run NAIRU (SRN) for the UK, the rate for unemployment at which … inflation will neither increase nor decrease in the short-run. We estimate the NAIRU jointly with price equations by using the …

, wages and inflation to monetary policy shocks becomes notably less pronounced. This attenuation reflects that hours worked … modification substantially lowers the effective stickiness of nominal wages, resulting in markedly different wage and inflation …

We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades … distribution of annual earnings in Germany. We find that cross-sectional inequality rose until 2009 for men and women. After the …

We offer a decomposition for the variance of the current unemployment rate that not only measures the contributions of …