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We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various...
Persistent link: https://www.econbiz.de/10011445051
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/10011446629
policy in economies with labor market rigidities. In an application to western Germany it is demonstrated that nonparametric …
Persistent link: https://www.econbiz.de/10011447106
analyses of a uniform minimum wage. The model with worker and firm heterogeneity does not restrict the sign of employment … opportunity cost of employment. …
Persistent link: https://www.econbiz.de/10011878536
It is commonplace in the debate on Germany’s labor market problems to argue that high unemployment and low wage … with comparable attributes. In the conventional neoclassical point of view, wages are determined by the marginal product of … the workers. Accordingly, increases in union minimum wages result in a decline of residual wage dispersion and higher …
Persistent link: https://www.econbiz.de/10002590960
qualifikatorischen Lohnstruktur zur Erklärung der Beschäftigungsstruktur Stellung. Basierend auf einer Einteilung in drei …-Kostenfunktion und Anteilsgleichungen ökonometrisch geschätzt, um den Einfluss der Lohnstruktur auf die Beschäftigungsstruktur zu …
Persistent link: https://www.econbiz.de/10011440988
We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular … earnings of unskilled workers could have contributed to the stabilization of their relative employment level. In other sectors … of the economy, the decline in the skills ratio, i.e. the employment share of unskilled relative to skilled workers …
Persistent link: https://www.econbiz.de/10011441629
related to negative relative demand shocks against the unskilled in the industrialised world, combined with flexible wages in … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when 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/10011448440
Persistent link: https://www.econbiz.de/10003283507
periods and the size of unemployment benefits on unemployment durations and post{unemployment earnings in West Germany. For … unemployment wages. A high wage replacement rate in the low wage sector seem to considerably elongate the duration of unemployment … and it is associated with higher post unemployment wages. …
Persistent link: https://www.econbiz.de/10003435417