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It is sometimes claimed that the coverage of collective bargaining in Germany is considerably understated because of …
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compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment … suffers more from further immigration in Germany than in the UK. -- immigration ; unemployment ; wages ; labor markets ; panel …We investigate the labor market effects of immigration in Denmark, Germany and the UK, three countries which are …
Persistent link: https://www.econbiz.de/10009568638
have boosted German competitiveness, resulting in higher exports, higher production and lower unemployment. This … explains the gains in competitiveness but increases unemployment and inequality, and the subsequent labour market reforms lower … unemployment by lessening the reservation wage and expanding the non-tradable sector. The model replicates the developments of the …
Persistent link: https://www.econbiz.de/10010498540
This paper investigates the role that idiosyncratic uncertainty plays in shaping social preferences over the degree of labor market flexibility, in a general equilibrium model of dynamic labor demand where the productivity of firms evolves over time as a Geometric Brownian motion. A key result...
Persistent link: https://www.econbiz.de/10003719624
The paper estimates how wages respond to changes in regional unemployment using detailed Swedish micro data. The study … changes in regional unemployment. Accounting for the fluctuations in composition of the employees is important for the … estimated elasticity of wages. Wage adjustments are larger for employees with high unemployment risk and for new hires entering …
Persistent link: https://www.econbiz.de/10011973148
, profit sharing, and equilibrium unemployment when profit sharing is also a part of a compensation scheme in all industries … sharing. For equilibrium unemployment, we find that if there is also profit sharing in other industries, the effects of … outsourcing and profit sharing on the unemployment rate is ambiguous both in the committed and flexible case. -- Outsourcing …
Persistent link: https://www.econbiz.de/10003748877
policy in economies with labor market rigidities. In an application to western Germany it is demonstrated that nonparametric … workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …
Persistent link: https://www.econbiz.de/10011405823
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