local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …

proximity of other labor markets, a local shock that increases unemployment may not lead to lower pay rates if employers fear … outward migration of their workers. Hence, the unemployment elasticity of pay will be greater, the more isolated the local … are confirmed by means of an estimation of wage curves with data for 327 regions of western Germany over the period 1990-1997 …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …

pertaining to regional unemployment in Germany. The available data set comprises information about the share of unemployed …