regional labour markets. However, distortions in extracting the regional unemployment effects arise in standard regional (i … unemployment is often ignored. Both issues are particularly important in high unemployment regimes like East Germany where a wage … existence of an East German wage curve. Due to the nonstationarity of spatial data, a global panel cointegration approach is …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

, the wages of informal workers are more sensitive to the unemployment rates of the same region and other regions than …

that for women low-wage jobs can serve as stepping stones out of unemployment and are to be preferred to staying unemployed …

26 NUTS-2 regions over the period 2005-2008. When the local unemployment rate is treated as predetermined, there is … evidence in favor of the wage curve only for younger and female workers. However, if the lagged unemployment rate is used as an … instrument for current unemployment rate, we find an unemployment elasticity of -0.099. We also find a higher elasticity for …

Italian labor market is considered to be the most highly regulated among OECD countries, the unemployment rate in the North … unemployment rate between two to five times higher than the North. GDP per capita is also twice in the North than in the South … equilibrium matching model, explain the high unemployment rate in the South and, perhaps more interestingly, the low unemployment …

The wage curve literature consistently finds a negative relationship between regional unemployment rates and regional … wages; the most widely accepted theoretical explanations interpret the unemployment rate as a measure of job competition …. This paper proposes new ways of measuring job competition, alternative to the unemployment rate, and finds that the …

period 2005-2009. The wage curve is an empirical regularity describing a negative relationship between regional unemployment … more sensitive to variations in regional unemployment rates than wages of formal workers. This is true for all workers as …

. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds … one should account for wage dynamics. The unemployment elasticity is significant but relatively small: only between -0 …

The Mortensen-Pissarides model with unemployment benefits and taxes has been able to account for the variation in … unemployment rates across countries but does not explain why geographical mobility is very low in some countries (on average, three … times lower in Europe than in the U.S.). We build a model in which both unemployment and mobility rates are endogenous. Our …