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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 … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up …
Persistent link: https://www.econbiz.de/10010262722
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10010262540
This paper analyses the evolution of quantitative measures of employee rents in Europe during the nineties, using the European Household Panel Survey. One looks at two class of measures: wage differentials between workers along industry and firm size dimensions, and estimated welfare differences...
Persistent link: https://www.econbiz.de/10010261830
. This model yields a simple relationship between (i) the unemployment rate, (ii) the value of non-market time, and (iii) the … and allow for measurement error. The estimated wage dispersion and mismatch for the US is consistent with an unemployment …
Persistent link: https://www.econbiz.de/10010276876
rates of unemployment and the business cycle over the last decade. We develop the theoretical framework that predicts that … the individual perceptions of job insecurity depend on regional unemployment rates and on the within-group variance of … Monitoring Survey. Our results indicate that while higher rates of unemployment make workers feel less job secure, the wage …
Persistent link: https://www.econbiz.de/10010282559
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10010269884
In this paper, we introduce two sources of unemployment in a two-factor general equilibrium model: search frictions and … fairness considerations. We find that a binding fair-wage constraint increases the unskilled unemployment rate and can at the … same time lead to a higher unemployment rate for skilled workers, as compared to an equilibrium where fairness …
Persistent link: https://www.econbiz.de/10010269135
As a consequence of the rapid growth of temporary agency employment in Germany, the debate on the poor working …
Persistent link: https://www.econbiz.de/10010268722
Using a representative establishment data set for Germany, we show that more than 40 percent of plants covered by … restrictions imposed by the rather centralized system of collective bargaining in Germany, plants which make use of single …
Persistent link: https://www.econbiz.de/10010269109
markets. Using German administrative data we describe wage mobility since 1975 in West and since 1992 in East Germany. Wage … mobility declined substantially in East Germany in the 1990s and moderately in East and West Germany since the late 1990s …
Persistent link: https://www.econbiz.de/10010286898