Union (FSU) who arrived in Germany between 1989 and 1994. The results reveal that migrants have lower educational … decomposition analysis reveals that this competitive edge can, for the most part, be explained by a higher socioeconomic background …

Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to … expectations about inflation and future growth. Migration plays a significant role to balance wages across regions and countries …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The difference in biases in labor market expectations explains part of the East-West German wage gap. …