This paper provides an empirical analysis on the determination of wages at the sectoral level in main industrial economies. Nominal wages are bargained between labour unions and employers in imperfect competitive markets, where spillovers across sectors might occur. Using a principal component...

Das Papier zeigt, dass die Verteilung der regionalen Arbeitslosenquoten in Deutschland stark persistentes Verhalten aufweist. Außerdem zeigen panel unit root tests und autoregressive modelle mit fixen Effekten, dass regionale Arbeitslosenquoten eher bedingter als unbedingter Konvergenz folgen....

Die Ergebnisse der Anpassung nach Arbeitsnachfrageschocks am Arbeitsort für Bundesländer und Kreise nach dem Modell von Blanchard/Katz (1992) entsprechen den Ergebnissen aus anderen Studien in diesem Bereich. Sie zeigen, dass die Anpassung auf regionsspezifische Schocks im Jahr des Schocks...

Die Studie untersucht Veränderungen der Arbeitslosenquote in westdeutschen Kreisen im Zeitraum 1992-2004 mit Hilfe der Chain Reaction Theory of unemployment (CRT). Die Schätzungen zeigen, dass sowohl Anpassungsprozesse als auch exogene Schocks für die Veränderungen verantwortlich waren....

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...

For spatial data with a sufficiently long time dimension, the concept of global cointegration has been recently included in the econometrics research agenda. Global cointegration arises when non-stationary time series are cointegrated both within and between spatial units. In this paper, we...

While the gig economy has been growing rapidly, evidence on its implications for the labor force remains sparse. This paper shows that gig work can buffer income losses arising from unemployment shocks. Matching a large sample of administrative employment data with information on platform entry,...

European wholesale power prices have decreased substantially in recent years, bringing several large utilities to the brink of severe financial problems. In this study, we identify and determine the impact of several fundamental drivers on the electricity wholesale day-ahead price using long...

This paper investigates the causal effect of global value chain (GVC)-related trade on the German labor market during the COVID-19 crisis, using a difference-in-differences approach combined with entropy balancing. The analysis of monthly establishment-level data from January 2019 to December...