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We develop a model which shows that wages, prices and real income should grow faster in countries with low increase in … increase in their prices and in German wages. This mechanism is magnified by the low price elasticity of the demand for German …
Persistent link: https://www.econbiz.de/10012250953
A number of studies have reported that union decline is associated with rising overall wage inequality, not least in Germany where the phenomenon has been linked to economic resurgence. The present paper takes an unconventional approach to this potential source of rising inequality by examining...
Persistent link: https://www.econbiz.de/10011615050
immigrants. The decomposition results clearly indicate a significant growing gap with higher wages for both foreigners (13.6 to … significant influence on wages. A different appreciation of foreign educational qualifications, however, widens the wage gap …
Persistent link: https://www.econbiz.de/10012006902