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Equilibrium search theory suggests that the wage distribution in a cross section of workers is closely related to labor market transitions and associated wage changes. Accordingly, job-to-job transitions are central in explaining the wage distribution. This paper usese the IAB employment...
Persistent link: https://www.econbiz.de/10005626934
estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the …
Persistent link: https://www.econbiz.de/10008596551
We applyGermanMikrozensus data for the period 1996 to 2004 to investigate the employment status of mothers. Specifically, we ask whether there are behavioral differences between mothers in East and West Germany, whether these differences disappear over time, and whether there are differences in...
Persistent link: https://www.econbiz.de/10010556076
and technology effects for high-skilled labor while wage bargaining institutions were holding up relative wages of low …-skilled labor. The combined effect accounts for the disproportionate increase of unemployment for low-skilled workers. …
Persistent link: https://www.econbiz.de/10008596496