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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 …
Persistent link: https://www.econbiz.de/10002590960
for the dramatic decline in employment and the unprecedented increase in unemployment in the east German economy. …
Persistent link: https://www.econbiz.de/10011440938
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …
Persistent link: https://www.econbiz.de/10003338004
distribution. This paper uses the IAB employment subsample to describe the empirics of labor market transitions and the wage … structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features … relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable share of wage …
Persistent link: https://www.econbiz.de/10003268564
Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum …
Persistent link: https://www.econbiz.de/10011444949
, dass mit einer größeren Lohnspreizung die Lastverteilung der Arbeitslosigkeit bei gegebenem Output, Kapitaleinsatz und …
Persistent link: https://www.econbiz.de/10011440988
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 …
Persistent link: https://www.econbiz.de/10011446629
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 …
Persistent link: https://www.econbiz.de/10011445051
these two groups in Germany. The estimates show a substantial gap for both groups with respect to natives. Discarding … Germany is an important component of economic integration and degrees obtained abroad are valued less. …
Persistent link: https://www.econbiz.de/10003777724
Persistent link: https://www.econbiz.de/10009614777