signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and …. Wage growth has been low in most developed economies because of underutilized labor if properly measured. Germany seems to … wage setting and labor market reforms. …

security system in an economy with unemployment caused by trade unions. Using a simple two-period overlapping generations … approach, it can be shown that the trade union behavior with respect to wage setting may have favorable effects on per capita … contributions, if labor demand is sufficiently inelastic with respect to the wage rate. In contrast, if firm's labor demand reacts …

The difference between the potential net wage income and the social welfare payments is measured for different types of … (explicit and implicit) marginal tax rates for wage income of the recipients of social assistance are extremely high (up to 100 … impeded by the system of social assistance. As a consequence, unemployment increased. …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

stronger for more recent cohorts. Less success in obtaining jobs with higher occupational autonomy explains half of the wage …

The German minimum wage was introduced in January 2015. This paper investigates the short-term macroeconomic impacts of … the introduction of the minimum wage and compared to actual developments of six key macroeconomic variables. The … deviations are interpreted as minimum wage effects. Robustness checks as well as a comparison with descriptive empirical results …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are … large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …

Wages are only mildly cyclical, implying that shocks to labour demand have a larger short-run impact on unemployment … occasionally renegotiated. We argue that one source of the wage flexibility puzzles is plausibly the model for the determination of … reservation wages, and consider an alternative reservation wage model based on reference dependence in job search. This extension …