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The common view that far-reaching labour market deregulation is the only remedy for high European unemployment is too …
Persistent link: https://www.econbiz.de/10005669585
This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the U …
Persistent link: https://www.econbiz.de/10005574413
This report’s objective is the construction of an index of labour market well-being that is capable of measuring the well-being that individuals in a given society at a given point in time can obtain through the labour market. Besides considering simply the average return from working, workers...
Persistent link: https://www.econbiz.de/10005650216
We consider a continuum of unemployed workers ranked according to their unemployment duration. There are two industries … a training cost, which is proportional to his unemployment duration, the training cost being larger in the high …
Persistent link: https://www.econbiz.de/10005634208
interested in regional adjustment costs can use indices of the change in regional employment and unemployment as good proxies for …
Persistent link: https://www.econbiz.de/10008565226
significant unemployment elasticity of -0.02 up to -0.03 rather than the -0.07 reported in the static wage curve results reported …
Persistent link: https://www.econbiz.de/10010592416
This article studies the long run patterns and explanations of wage mobility as a characteristic of regional labor markets. Using German administrative data we describe wage mobility since 1975 in West and since 1992 in East Germany. Wage mobility declined substantially in East Germany in the...
Persistent link: https://www.econbiz.de/10009395400
New Economic Geography models usually abstract from unemployment. By contrast, wage curve models (Blanchflower and … Oswald, 1994) imply a negative correlation between regional unemployment and wages, but fail to account for agglomeration … unemployment rates than peripheral regions. Regional disparities can develop endogenously and labour mobility does not negate the …
Persistent link: https://www.econbiz.de/10010693118
between current wages and current unemployment rate, we also consider the influence of lagged values of unemployment rates … -the unemployment rate at the moment of hiring, and the minimum unemployment rate since the moment of hiring- to take into …
Persistent link: https://www.econbiz.de/10010693174
"This study investigates how the effects of low-wage employment and non-employment on wage prospects vary depending on qualification. We apply dynamic multinomial logit models with random effects and include interactions of the lagged labor market state with qualification to estimate...
Persistent link: https://www.econbiz.de/10010592459