unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on … this paper, we adopt a global cointegration approach recently proposed by Bienstock and Felsenstein (2010) to account for …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …

. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds … one should account for wage dynamics. The unemployment elasticity is significant but relatively small: only between -0 …

that for women low-wage jobs can serve as stepping stones out of unemployment and are to be preferred to staying unemployed …

Hintergrund erklärt werden kann. Auf dem Arbeitsmarkt können Migranten ihren Bildungsnachteil nicht ausgleichen und haben größere …