the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a … stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …

the assumption that wages respond to a change in the unemployment rate, albeit imperfectly. This allows one to derive the … through immigration increases the aggregate unemployment rate by less than 0.1 percentage points and reduces average wages by … less 0.1 percent. While native workers benefit from increased wages and lower unemployment, foreign workers are adversely …

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 …

large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … related to negative relative demand shocks against the unskilled in the industrialised world, combined with flexible wages in …

We examine the causes for rising income inequality in Europe's most populous economy. From 2000 to 2006, Germany … experienced an unprecedented rise in net equivalized income inequality and poverty. At the same time, unemployment rose to record … increase. Our results suggest that most of the increase can be explained by both changes in employment outcomes and in market …

business for a longer period of time tend to pay higher wages. Using a unique rich set of linked employer-employee data we … present first empirical evidence on this firm age - wage nexus for Germany. We find that older firms pay on average higher … wages for workers with the same broadly defined degree of formal qualification. This firm age differential vanishes after …

18 studies using data from 20 highly developed, developing, and less developed countries document that average wages in … trade. This paper uses a large and rich set of linked employer-employee data from Germany to demonstrate that these premia …