This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt …

This paper deals with a critical assessment and a reestimation of the "non-accelerating in ation rate of unemployment …" (NAIRU) for Germany. There are quite a few obstacles to perceiving the NAIRU as an understandable and easy-to-use analytical …, cointegration issues, and a time variability of the NAIRU and its confidence intervals. Despite many serious caveats a new attempt …

: As the number of recently arrived refugees and thus the demand for locally produced goods increases, local employment … increases particularly in non-tradable sectors in the short run. At the same time, unemployment drops while individual wages do …

, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …

, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run …This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step … display that price, demand, and labor supply shocks affect unemployment significantly in the short/medium run. Interestingly …

analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment … unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross … opportunity cost of employment. …

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 …