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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/10010297281
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step …, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …
Persistent link: https://www.econbiz.de/10010297779
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10010297774
Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …
Persistent link: https://www.econbiz.de/10010301689
, dass mit einer größeren Lohnspreizung die Lastverteilung der Arbeitslosigkeit bei gegebenem Output, Kapitaleinsatz und …
Persistent link: https://www.econbiz.de/10010297568
In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the …, unemployment rises. More generally, we show that skill-biased technological change leads to increasing unemployment of the … inequality and unemployment under different social benefits regimes: Analyzing the social legislation in 14 countries, we find …
Persistent link: https://www.econbiz.de/10010297491
. The effects of training programmes on the outflows from unemployment and the effects of all ALMP programmes on the … gives some tentative support to the view that public training programmes can be used to reduce unemployment. …
Persistent link: https://www.econbiz.de/10010297636
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/10010297721
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 …
Persistent link: https://www.econbiz.de/10010297414
examines the impact of education on both risk components. France faces a higher unemployment rate than West-Germany, due to a … higher risk of entering unemployment whereas the risk, when unemployed, of not getting reemployed is lower than in Germany …This paper analyses the link between educational attainment and unemployment risk in a French-German comparison, based …
Persistent link: https://www.econbiz.de/10010297286