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compatible with 2 percent inflation in Germany is currently around 7 percent if the definition of unemployment follows the … inflation rates is employed. Therefore, either the NAIRU concept is not applicable to Germany or, as it is our suggestion, one … estimates the unemployment rate that is compatible with a tolerable inflation rate of say 2 percent following roughly the …
Persistent link: https://www.econbiz.de/10010297970
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10010300009
This paper compares trends in wage inequality in the U.S. and Germany using an approach developed by MaCurdy and Mroz ….S. and Germany but there were various country specific aspects of this increase. For the U.S., we find faster wage growth … Germany. Moreover, we see a large role played by cohort effects in Germany, while we find only small cohort effects in the U …
Persistent link: https://www.econbiz.de/10010269884
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/10010297414
structure in Germany. Motivated by search theory, we use the data to explore descriptively labor market transitions and features …
Persistent link: https://www.econbiz.de/10010297507
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment …-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …
Persistent link: https://www.econbiz.de/10010297815
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment …-specific unemployment rates in 1997. The required nominal wage reductions range from 8.8 to 12.2% and are the higher the lower the employees …
Persistent link: https://www.econbiz.de/10010268008
flexibility with respect to national unemployment. …
Persistent link: https://www.econbiz.de/10010297598
Since the late 1970s, wage inequality has increased strongly both in the U.S. and Germany but the trends have been … Germany. There is evidence for wage polarization in the U.S. in the 1990s, and the increase in wage inequality in Germany was … age, time, and cohort effects, we find a large role played by cohort effects in Germany, while we find only small cohort …
Persistent link: https://www.econbiz.de/10011995221
the wage effects of mobility among graduates from apprenticeship in Germany. Our instrumental variables approach exploits …
Persistent link: https://www.econbiz.de/10010512959