In this paper, we test the hypothesis of a wage curve against a Phillips curve for Spain, within a dynamic framework that allows for both of these, and for more general alternatives. To this end, we use data from the European Community Household Panel, providing micro-information for the period...

Dieser Diskussionsbeitrag beleuchtet das Thema Langzeitarbeitslosigkeit aus der Perspektive neuerer wissenschaftlicher Forschung. Es wird einerseits ein Einblick in neuere empirische Fakten und Ergebnisse aus der Arbeitsmarktliteratur mit Fokus auf Deutschland gegeben. Andererseits werden...

This paper offers an alternative theory for the increase in unemployment and wage inequality experienced in the U.S. over the past two decades. In my model firms decide the composition of jobs and then match with skilled and unskilled workers.

We use a novel approach to studying the heterogeneity in the job finding rates of the nonemployed by classifying the nonemployed by labor force status (LFS) histories, instead of using only one-month LFS. Job finding rates differ substantially across LFS histories: they are 25-30% among those...

We consider a continuum of unemployed workers ranked according to their unemployment duration. There are two industries, a high and a low technology one, which compete imperfectly on the labor market. Once employed, each individual must bear a training cost, which is proportional to his...

The aim of this paper is to investigate the labour market conditions of Turkey via disaggregated wage curves following the argument that group specific regional unemployment rates might better describe wage curves than aggregate ones. Using 2007-2009 panel survey of Income and Living Conditions,...

This paper sheds new light on the effects of the minimum wage on employment from a two-sided theoretical perspective, in which firms’ job offer and workers’ job acceptance decisions are disentangled. Minimum wages reduce job offer incentives and increase job acceptance incentives. We show...

This paper presents wage curves for formal and informal workers using a rich individual level data for Turkey over the period 2005-2009. The wage curve is an empirical regularity describing a negative relationship between regional unemployment rates and individuals' real wages. While this...

This paper reconsiders the Brazilian wage curve using individual data from the National Household Survey at 27 Federative Units over the period 2002 - 2009. We find evidence in favor of the Brazilian wage curve with an unemployment elasticity of -0.08 when the lagged unemployment rate is used as...

This paper analyzes the Polish wage curve using individual data from the Polish Labor Force Survey (LFS) at the 16 NUTS2 regions over the period 1999 - 2010. This survey does not gather information on wages of self-employed or paid family workers. After excluding the unemployed, inactive and...