compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the …

, dass mit einer größeren Lohnspreizung die Lastverteilung der Arbeitslosigkeit bei gegebenem Output, Kapitaleinsatz und …

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 …

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 … unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the …

structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features …

This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment …-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …

flexibility with respect to national unemployment. …

the wage effects of mobility among graduates from apprenticeship in Germany. Our instrumental variables approach exploits …

This paper empirically analyzes the distribution of unemployment durations in West- Germany before and after the … West Germany. We introduce two proxies for unemployment, since the data do not involve a precise economic definition of … changes during the mid 1980s in the maximum entitlement periods for unemployment benefits for elderly unemployed. The analysis …