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This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011634724
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011916540
wages reflect this, with lower pay for greater uncertainty. We use the dispersion of exam grades within a field of education … as an indicator of the unobserved heterogeneity that employers face. We find solid evidence that starting wages are lower …
Persistent link: https://www.econbiz.de/10011378868
wages of less skilled natives and a small positive effecton the wages of high skilledworkers as new immigrants are less …
Persistent link: https://www.econbiz.de/10011303323
In this paper, we estimate the returns on schooling for young men and women in Turkey using the exogenous and substantial variation in schooling across birth-cohorts brought about by the 1997 reform of compulsory schooling. We estimate that among 18- to 26-year-olds, the return from an extra...
Persistent link: https://www.econbiz.de/10011309044
In this paper, we analyze the connection between value added, wages, and labor market ows at the establishment level …
Persistent link: https://www.econbiz.de/10011585891
Persistent link: https://www.econbiz.de/10012213228
In this paper, we analyze the connection between value added, wages, and labor market flows at the establishment level …
Persistent link: https://www.econbiz.de/10011796396
Persistent link: https://www.econbiz.de/10000837650
Persistent link: https://www.econbiz.de/10000804746