Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … 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 …

unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …

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 … stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …

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

This paper jointly analyses the consequences of adverse selection and signalling on entry wages of skilled employees … job applicants based on apprenticeship wages. It shows that post-apprenticeship employer changers are a negative selection … from the training firms’ point of view. Negative selection leads to lower average wages of employer changersin the first …

We ask whether sectoral shocks and the subsequent labor reallocation are responsible for unemployment within selected … is linked to unemployment in country specific dynamic models. For Spain, the ADL-model estimation reveals a significant … impact of sectoral reallocation on unemployment that goes beyond usual business cycle patterns. In Italy, there is weaker yet …

. The effects of training programmes on the outflows from unemployment and the effects of all ALMP programmes on the … gives some tentative support to the view that public training programmes can be used to reduce unemployment. …

of labor market reform on unemployment, growth, and welfare. The model has a large number of risk-averse households who … can invest in risk-free physical capital and risky human capital. Unemployed households receive unemployment benefits and … employment effects: the equilibrium unemployment rate has been reduced by approximately 1.1 percentage points from 7.5 to 6 …