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the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a … stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10010297774
, 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 …
Persistent link: https://www.econbiz.de/10010297779
-seekers in order to increase employment integration. Based on merged survey and register data differences in job finding chances … attributes. The estimates clarify that current active labor market programs do not address important factors of employment …. Particularly, health of the job seekers, limitations in the working ability and obstacles to employment comprising substance abuse …
Persistent link: https://www.econbiz.de/10010298073
This paper presents an applied general equilibrium model for Germany. The model integrates specific labour market … (profits, output and labour demand elasticities, bargaining power) and generates wages that reflect empirical wage …
Persistent link: https://www.econbiz.de/10010298083
Labor and product market regulations affect the unemployment rate of a country without doubt. Econometricians, however … problems, is overcome by adopting a Bayesian Model Averaging approach. I apply this method to a panel data set that covers 17 … indicators are identified as significant determinants of unemployment. Endogeneity due to reverse causality is also considered by …
Persistent link: https://www.econbiz.de/10010301689
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
this paper, the effects of language proficiency on earnings are analyzed for foreigners in Germany with joint consideration … employment probability and affects occupational choice. When selection into economic sector and occupation is regarded, we do not …
Persistent link: https://www.econbiz.de/10010298666
This paper considers training, mobility decisions and wages together to test for the specificity of human capital … contained in continuing training courses. We empirically analyse the relationship between training, mobility and wages in two …, we find that wages are lower for job changers for the group of training participants, so wages decrease when trained …
Persistent link: https://www.econbiz.de/10010297508
lifecycle and attenuation bias a novel sampling procedure is developed and applied to the German Socio-Economic Panel (SOEP …
Persistent link: https://www.econbiz.de/10010298023
comes from their own actions instead of being determined by luck or destiny, earn higher wages. However, this positive …
Persistent link: https://www.econbiz.de/10010302997