Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

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 …

the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …

periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … the unemployment duration, we estimate censored Box{Cox quantile regression, which is robust with respect to the … the length of benefit entitlement is only of minor importance for the duration of search unemployment and for post …

workers in service occupations are identified to exhibit rising unemployment due to wage rigidities and are therefore not …

the one hand, wages are lowered and unemployment decreases, on the other hand, the individual labour supply decision is … progressivity is below the actual level. A decomposition approach shows that the optimal level is increased by high unemployment and …

, it reduces unemployment by exerting downward pressure on wages. This trade-off is quantitatively assessed using a … bargaining and involuntary unemployment. In the simulations carried out using this model, the optimal degree of tax progressivity …