Long-term labour market projections are a popular tool for assessing future skill needs and the possibility of skill shortages. It is often noted that reallocation processes in the German labour market are hindered due to its strong standardization and occupational segmentation. However, it is...

Long-term labour market projections are a popular tool for assessing future skill needs and the possibility of skill shortages. It is often noted that reallocation processes in the German labour market are hindered due to its strong standardization and occupational segmentation. However, it is...

This paper investigates the time-varying relationship between German output and employment growth, in particular their decoupling in recent years. We estimate a correlated unobserved components model that allows for persistent and cyclical time variation in the employment-GDP linkage as well as...

This paper argues that regional variation in the efficiency of labor allocation among German manufacturing plants plays a critical role in explaining regional disparities in productivity. In fact, we show that over 50% of the East-West productivity gap is associated with a less efficient labor...

Why has the college wage premium risen rapidly in the United States since the 1980s, but not in European economies such as Germany? We argue that differences in employment protection can account for much of the gap. We develop a model in which firms and workers make relationship-specific...

Mit der Corona-Krise nimmt die Arbeitslosigkeit trotz aller Gegenmaßnahmen in Deutschland zu. In früheren Rezessionen hat sich gerade die Arbeitslosigkeit Geringqualifizierter verfestigt. Heute zeichnet sich ab, dass der technologische Wandel gerade auch mittlere Qualifikationen betrifft. Um...

The past four decades have witnessed dramatic changes in the structure of employment. In particular, the rapid increase in computational power has led to large-scale reductions in employment in jobs that can be described as intensive in routine tasks. These jobs have been shown to be...

The past four decades have witnessed dramatic changes in the structure of employment. In particular, the rapid increase in computational power has led to large-scale reductions in employment in jobs that can be described as intensive in routine tasks. These jobs have been shown to be...

The past four decades have witnessed dramatic changes in the structure of employment. In particular, the rapid increase in computational power has led to large-scale reductions in employment in jobs that can be described as intensive in routine tasks. These jobs have been shown to be...