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When job search takes place across labour markets, the standard flow approach to labour market analysis fails to … unified Germany. Particularly differences in labour mobility give reason for the existence of West-East regimes of the … is affected by labour market characteristics, its cyclical pattern is closely related to business cycle fluctuations …
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Two stylised facts of the German labour market are that first, the demand for highskilled labour has been growing … period many more old individuals are retiring than young individuals are entering the labour market. Although there is a … certain logic in this argument, it is only prima facie convincing because firstly, a change in labour demand could counteract …
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