Income effects of unemployment and involuntary short-time work are investigated in the context of the East German transformation process from a planned socialistic economy to a market-oriented economy. Theoretical considerations from human capital theory are derived for the income effects in...

"In the paper, for the first time in western Germany, estimates of the wage curve are presented using individual panel data. Therefore, it is possible to control for the influence of individual unobserved heterogeneity on the estimation of the wage curve. The relationship between regional wages...

"In the paper, for the first time in western Germany, estimates of the wage curve are presented using individual panel data. Therefore, it is possible to control for the influence of individual unobserved heterogeneity on the estimation of the wage curve. The relationship between regional wages...