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Dynamics of poor health and non-employment
Haan, Peter; Myck, Michał - 2009
While there is little doubt that the probability of poor health increases with age, and that less healthy people face a more difficult situation on the labour market, the precise relationship between facing the risks of health deterioration and labour market instability is not well understood....
Persistent link: https://www.econbiz.de/10010276048
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A Test of the 'Krugman Hypothesis' for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up … with alternative data sets for these countries. I find evidence for the Krugman hypothesis when Germany is compared to the …
Persistent link: https://www.econbiz.de/10010297281
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Unemployment, Labor Market Transitions, and Residual Wage Dispersion
Fitzenberger, Bernd; Garloff, Alfred - 2005
It is commonplace in the debate on Germany?s labor market problems to argue that high unemployment and low wage … empirical analysis attempts to discriminate between the two hypotheses for West Germany analyzing the relationship between wage …
Persistent link: https://www.econbiz.de/10010297414
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Flexibilität der qualifikatorischen Lohnstruktur und Lastverteilung der Arbeitslosigkeit: Eine ökonometrische Analyse für Westdeutschland
Fitzenberger, Bernd; Franz, Wolfgang - 1997
Dieser Beitrag nimmt aus theoretischer und ökonometrischer Sicht zu der Kontroverse über die Bedeutung der qualifikatorischen Lohnstruktur zur Erklärung der Beschäftigungsstruktur Stellung. Basierend auf einer Einteilung in drei Qualifikationsgruppen zeigt sich empirisch, dass die Entlohnung...
Persistent link: https://www.econbiz.de/10010297568
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The Employment Consequences of Seniority Wages
Zwick, Thomas - 2008
This paper combines two strains of the literature on the employment effects of deferred compensation. The first strain separates seniority and job matching wage effects on the basis of individual data, but cannot look at employment consequences. The second strain explains the employment...
Persistent link: https://www.econbiz.de/10010298049
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A Test of the ?Krugman Hypothesis? for the United States, Britain, and Western Germany
Puhani, Patrick A. - 2003
large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up … with alternative data sets for these countries. I find evidence for the Krugman hypothesis when Germany is compared to the …
Persistent link: https://www.econbiz.de/10010262722
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Der Mindestlohn birgt nach wie vor Beschäftigungsrisiken
Bonin, Holger; Pestel, Nico - 2020
Die Einführung des gesetzlichen Mindestlohns in Deutschland im Jahr 2015 war im Vorfeld heftig umstritten. Die … Deutschland einen starken Reallohnschock wie die Mindestlohneinführung problemlos verkraften kann. Eine solche Interpretation …
Persistent link: https://www.econbiz.de/10012694243
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Alternative approaches to evaluation in empirical microeconomics
Blundell, Richard W.; Dias, Monica Costa - 2002
Four alternative but related approaches to empirical evaluation of policy interventions are studied: social experiments, natural experiments, matching methods, and instrumental variables. In each case the necessary assumptions and the data requirements are considered for estimation of a number...
Persistent link: https://www.econbiz.de/10010318482
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On the cyclicality of real wages and wage differentials
Otrok, Christopher; Pourpourides, Panayiotis M. - 2008
We show that two models of the labor market, a Walrasian model and a labor contracting model, both have an approximate dynamic factor structure. We use this result to motivate our empirical approach to estimating the cyclical properties of real wages, which does not impose any structure between...
Persistent link: https://www.econbiz.de/10010288748
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On the interplay between Keynesian and supply side economics
Karanassou, Marika; Snower, Dennis J. - 2007
Conventional wisdom suggests that nominal, demand-side shocks have only temporary effects on real macroeconomic magnitudes and that the duration of their effects depends on the degree of nominal inertia. It is also argued that, in the absence of unit roots, temporary supply-side shocks also have...
Persistent link: https://www.econbiz.de/10010293971