Hinz, Darius; Logeay, Camille - 2006 - First Version: November 2004, This version: January 9, 2006
This paper deals with the estimation of employment equations for Germany, which are to be used for forecasting and … studies for West Germany and Germany, respectively. The authors find that the elasticity of employment with respect to output … is robustly estimated and can therefore be restricted to one. The elasticity of employment with respect to the real wage …