unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting …The creation of jobs in the low-pay sector is considered to be an approach to reduce unemployment, especially with … evaluate the effects of an increasing low-wage sector on unemployment, the concept of the non-accelerating inflation rate of …

impact of the relationship between the extensiveness of the low-pay sector and structural unemployment. Data from Germany …/price-setting theory, this increase should reduce structural unemployment, because labour market flexibility increases and labour costs … 1991 to 2008, indicate a positive impact of the growing low-wage sector on structural unemployment. Moreover, some …