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Persistent link: https://www.econbiz.de/10015461628
This paper examines the movements in EU unemployment from two perspectives: a) the NRU/NAIRU perspective, in which …
Persistent link: https://www.econbiz.de/10010281027
This note gives a brief survey of main theoretical and empirical issues with respect to the NAIRU concept. According to … modern labour market literature NAIRU is defined as the rate of unemployment at which inflation stabilizes in the absence of … any wage-price surprises. Conventional thinking about the equilibrium unemployment rate assumes that in the long run NAIRU …
Persistent link: https://www.econbiz.de/10010291066
unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting … the low-pay sector. Finally, by treating the NAIRU as the dependent variable, the impact of the low-wage share is … relationship between the NAIRU and the share of the low-wage sector. This hypothesis is rejected empirically. Indeed, for the time …
Persistent link: https://www.econbiz.de/10010460495
According to the mainstream view, labour market institutions (LMI) are the key determinants of unemployment in the medium run. The actual empirical explanatory power of measures for labour market institutions, however, has been called into question recently (Baker et al 2005, Baccaro and Rei...
Persistent link: https://www.econbiz.de/10010265039
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which …
Persistent link: https://www.econbiz.de/10010314559
Zusammenfassung Der Beitrag enthält eine Neuschätzung der inflationsstabilen Arbeitslosenquote (NAIRU) für … Westdeutschland 1980 bis 1998. Nach einer Darstellung des konzeptionellen Rahmens der NAIRU einschließlich verschiedener Varianten … methodischer Probleme. Erstmalig werden für Westdeutschland dann eine zeitvariable NAIRU mit Hilfe des Kaiman-Verfahrens sowie …
Persistent link: https://www.econbiz.de/10014608832
Abstract This paper examines theoretical and empirical aspects of the employment in Germany from 2000 - 2013. Inspired by Krelle’s (1996) discussion paper relevant German labor market data are traced and it is analyzed to which extend some theoretical employment considerations and labor market...
Persistent link: https://www.econbiz.de/10014630821
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which …
Persistent link: https://www.econbiz.de/10010276417
This paper examines the movements in EU unemployment from two perspectives: (a) the NRU/NAIRU perspective, in which …
Persistent link: https://www.econbiz.de/10008520146