distribution. This paper uses the IAB employment subsample to describe the empirics of labor market transitions and the wage … relationship exists between wages and labor market transitions as predicted by search theory. However, the noticeable share of wage …

labor, wages were increasing disproportionately both for low- and highskilled labor whereas employment trends were favoring … institutions were holding up relative wages of low-skilled labor which accounts for the disproportionate increase of unemployment …

groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …

groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …

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 …

groups and between those of different age, taking account of the endogeneity of wages and employment. Compared to estimates …This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … evolution of relative employment measures, we estimate elasticities of substitution between employees in three different skill …