Showing 1 - 10 of 22
This paper provides new estimates of a timevarying NAIRU for Germany taking account of the structural break caused by … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the …
Persistent link: https://www.econbiz.de/10003607638
This paper examines the determinants of gross labour flows in a context where modeling the migration decision as a wage-maximizing process may be inadequate due to regional wage rigidities that result from central wage bargaining. In such a context, the framework that has been developed by...
Persistent link: https://www.econbiz.de/10009424119
roofers to remain employed in the sector in eastern Germany deteriorated along the entire wage distribution. Such employment … wage ; Germany ; capital-labour substitution ; labour-labour substitution ; scale effect …
Persistent link: https://www.econbiz.de/10009658215
whether the peculiar OECD results for Germany on the incidence of social security contributions and taxes also hold up within … in Germany. The main result of the paper is that there is in fact a positive short-run employment effect of a revenue …
Persistent link: https://www.econbiz.de/10011439693
Germany, as most other European countries, has been plagued by a persistently high level of long-term unemployment … level of long-term unemployment in Germany relative to the United States? …
Persistent link: https://www.econbiz.de/10011440778
We analyze the economic factors which have contributed to the dramatic decline of the employment share of unskilled labor in German manufacturing, in particular the role played by the relatively rigid earnings structure. Potential effects of intensified international competition and skill-biased...
Persistent link: https://www.econbiz.de/10011440891
At the start of the German unification process it was a commonly held view that east German living conditions will converge to west Geman levels within a few years. This view was not only held by notoriously optimistic politicians but also by a great many of professional economists. With...
Persistent link: https://www.econbiz.de/10011440938
We analyze the effectiveness of publicly financed training and retraining programs in east Germany as measured by their …
Persistent link: https://www.econbiz.de/10011441000
Different stochastic simulation methods are used in order to check the robustness of the outcome of policy simulations with a macroeconometric model. A macroeconometric disequilibriummodel of the West German economy is used to analyze a reform proposal for the tax system. The model was estimated...
Persistent link: https://www.econbiz.de/10011441040
We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....
Persistent link: https://www.econbiz.de/10011441629