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It is commonplace in the debate on Germany’s labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of …
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policy in economies with labor market rigidities. In an application to western Germany it is demonstrated that nonparametric … workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …
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periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … unemployment wages. A high wage replacement rate in the low wage sector seem to considerably elongate the duration of unemployment … and it is associated with higher post unemployment wages. …
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for the dramatic decline in employment and the unprecedented increase in unemployment in the east German economy. …
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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 structure on the basis of establishment data, but cannot properly calculate …
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