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Pencavel, John H. - 2011

Real wage index numbers have been used to measure movements in the standard of living of the typical worker. This paper describes some of these indicators for the United States and England. A new real wage index is proposed that resembles the sliding scale used to adjust wages in certain...

Persistent link: https://www.econbiz.de/10010276278

Cyclicality of real wages in the USA and Germany: New insights from wavelet analysis

Marczak, Martyna; Gómez, Víctor - 2012

This article provides new insights into the cyclical behavior of consumer and producer real wages in the USA and … cyclical patterns over time. From the findings of our study, we can infer that the USA and Germany differ with respect to the … lead-lag relationship of real wages and the business cycle. In the USA, both real wages are leading the business cycle in …

Persistent link: https://www.econbiz.de/10010309235

Inventories, lumpy trade, and large devaluations

Alessandria, George; Kaboski, Joseph P.; Midrigan, Virgiliu - 2008

Fixed transaction costs and delivery lags are important costs of international trade. These costs lead firms to import infrequently and hold substantially larger inventories of imported goods than domestic goods. Using multiple sources of data, we document these facts. We then show that a...

Persistent link: https://www.econbiz.de/10010292145

The determinants of trade survival

Fugazza, Marco; Molina, Ana Cristina - 2009

The aim of this paper is to explore the patterns of trade duration across regions and to identify its determinants. Using an extended Cox model, we evaluate the effects of country and product characteristics, as well as of trade cost variables on the duration of trade relationships from 96...

Persistent link: https://www.econbiz.de/10010316725

Regional adjustment dynamics

Möller, Joachim - 2001

The aim of the paper is to develop a theoretical framework for analyzing regional adjustment processes after idiosyncratic shocks. The model builds on the macroeconomic approach with monopolistic competition on goods and labor markets. It is shown how interregional factor mobility affects...

Persistent link: https://www.econbiz.de/10010295566

Wage Convergence and Inequality after Unification: (East) Germany in Transition

Gernandt, Johannes; Pfeiffer, Friedhelm - 2008

This paper investigates the wage convergence between East German workers and their West German counterparts after reunification. Our research is based on a comparison of three groups of workers defined as stayers, migrants and commuters to West Germany, who lived in East Germany in 1989, with...

Persistent link: https://www.econbiz.de/10010298032

Migration and adjustment to shocks in transition economies

Fidrmuc, Jan - 2001

Does migration serve as an effective channel of regional adjustment to idiosyncratic shocks in transition economies? If so, one should find a strong relationship between regional unemployment and average wages on the one hand, and migration flows on the other. Yet, the evidence from transition...

Persistent link: https://www.econbiz.de/10010301172

Interregionale Arbeitskräftewanderungen: theoretische Erklärungsansätze und empirischer Befund

Bode, Eckhardt; Zwing, Sebastian - 1998

The paper surveys the recent theoretical and empirical literature on the economic determinants of interregional labor migration. In the first part, theoretical approaches are outlined, in the second part, results of several empirical investigations are surveyed. The authors conclude that...

Persistent link: https://www.econbiz.de/10010265361

Local labor markets

Moretti, Enrico - 2010

I examine the causes and the consequences of differences in labor market outcomes across local labor markets within a country. The focus is on a long-run general equilibrium setting, where workers and firms are free to move across localities and local prices adjust to maintain the spatial...

Persistent link: https://www.econbiz.de/10010269860

Interregional wage differentials and the effects of regional mobility on earnings of workers in Germany

Lehmer, Florian - 2009

Diese Dissertation untersucht, welchen Effekt die Bereitschaft von Arbeitnehmern zu räumlicher Mobilität auf die Höhe der Entlohnung hat. Nach einer Einführung über die vorhandene Literatur und den theoretischen Hintergrund der internationalen Mobilitätsforschung vergleicht der Autor die...

Persistent link: https://www.econbiz.de/10014433934

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