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This paper analyses the entire wage effects of unemployment for an especially long observation period. In a three …
Persistent link: https://www.econbiz.de/10014516980
persistently lower wages and higher unemployment rates in eastern compared with western Germany. …
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eastern and western Germany. In the last few years, however, unemployment has been reduced especially in the East, even in … the property of path dependency like the New Economic Geography. In the paper the development of unemployment is analysed … manufacturing helps to reduce unemployment. In the analysis spatial autocorrelation is revealed of being significant. …
Persistent link: https://www.econbiz.de/10011575251
Do wages react to regional unemployment, as proposed by the theory behind the regional wage curve, if regional price … find a wage curve. However, in both countries, the local unemployment elasticity and spatial spillovers decrease …
Persistent link: https://www.econbiz.de/10012229299