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This paper presents an application of the Generalised Error Correction Model (GECM) for heterogeneous factor demands based on the quadratic cost function. Using data for 26 West German manufacturing industries over the period 1976-1995, it turns out that less general specifications such as the...
Persistent link: https://www.econbiz.de/10011444593
This paper analyzes the impact increased offshoring has on labor income risk. It is therefore distinct from a large number of studies explaining the level effects of globalization on the labor market in that it takes a look at effects on second moments, i.e. the variance of incomes. It provides...
Persistent link: https://www.econbiz.de/10009521124
This paper follows up recent work on the relationship between (un-)employment and wage effects of social security …
Persistent link: https://www.econbiz.de/10011439693
workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …
Persistent link: https://www.econbiz.de/10011447106
relative wage and unemployment differentials for various labour market defining characteristics. A simultaneous increase in the … relative wage and the unemployment likelihood is defined as a relative wage rigidity dynamic for a labour market characteristic …
Persistent link: https://www.econbiz.de/10011445051
periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …
Persistent link: https://www.econbiz.de/10003435417
Persistent link: https://www.econbiz.de/10003449817
Persistent link: https://www.econbiz.de/10009762363
for the dramatic decline in employment and the unprecedented increase in unemployment in the east German economy. …
Persistent link: https://www.econbiz.de/10011440938
This paper combines two strains of the literature on the employment effects of deferred compensation. The first strain separates seniority and job matching wage effects on the basis of individual data, but cannot look at employment consequences. The second strain explains the employment...
Persistent link: https://www.econbiz.de/10003721830