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It is commonplace in the debate on Germany’s labor market problems to argue that high unemployment and low wage … dispersion are related. This paper analyses the relationship between unemployment and residual wage dispersion for individuals … unemployment. A competing view regards wage dispersion as the outcome of search frictions and the associated monopsony power of the …
Persistent link: https://www.econbiz.de/10002590960
Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum …
Persistent link: https://www.econbiz.de/10011444949
The principal justification for minimum wage legislation resides in improving the economic condition of low-wage workers. Most previous analyses of the distributional effects of minimum wages have been confined to simulation exercises employing rather restrictive assumptions that guarantee the...
Persistent link: https://www.econbiz.de/10011442312
unemployment is a non-monotonic function of the minimum wage level. Effects differ strongly by labour market segment. Cross …
Persistent link: https://www.econbiz.de/10011878536
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/10011445051
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10011446629
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 …
Persistent link: https://www.econbiz.de/10011448440
combat immigrant unemployment: training, job search assistance, and subsidised public and private sector employment. We find …
Persistent link: https://www.econbiz.de/10009784011
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 …, dass mit einer größeren Lohnspreizung die Lastverteilung der Arbeitslosigkeit bei gegebenem Output, Kapitaleinsatz und …
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 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