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The literature on the wage curve provides considerable evidence in favor of a negative relationship between unemployment and wages. It is thus often seen as a refutation of the Harris-Todaro model, who point to a positive relationship. This paper shows that both strands of literature are special...
Persistent link: https://www.econbiz.de/10010294368
In applied regional analysis, statistical information is usually published at different territorial levels with the aim of providing information of interest for different potential users. When using this information, there are two different choices: first, to use normative regions (towns,...
Persistent link: https://www.econbiz.de/10011318714
Most ‘wage curve’ studies treat local labour markets as independent ‘islands’ in the national economy. However, when a 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...
Persistent link: https://www.econbiz.de/10011318792
In East Germany a profound demographic change has been taking place that manifests itself in the shrinkage and the aging of the population. One major cause is the drop in the East German fertility rates by about half directly after the reunification of Germany in 1990. In no other countries of...
Persistent link: https://www.econbiz.de/10011399956
This paper addresses two issues of great importance in the current economic climate. First, it analyses the extent to which unemployment experiences have a scarring effect on British men during the Great Recession. Second, it provides an insight into the relation between true state dependence...
Persistent link: https://www.econbiz.de/10011419002
Most ‘wage curve’ studies treat local labour markets as independent ‘islands’ in the national economy. However, when a 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...
Persistent link: https://www.econbiz.de/10010325201
First, this paper empirically evaluates the incidence of the Japanese place-based job creation program, which has rarely been studied in Japan. The program increases employment, especially in the agricultural, retail trade, and service sectors, which most treated municipalities promote. Second,...
Persistent link: https://www.econbiz.de/10011986220
Since the launching of its economic reform and opening up programs in 1979, China has experienced an unprecedented economic expansion, as its real GDP growing at an annual average rate of about 10%. Despite the robust performance, the pressure for employment creation has continued to persist and...
Persistent link: https://www.econbiz.de/10011470783
Much research has been done showing that unemployment can cause crime, and that crime adversely impacts economic activity. However, very few authors have considered a simultaneous relationship. Using an IV-setup and regional panel-data, I find evidence for the possibility of a vicious cycle,...
Persistent link: https://www.econbiz.de/10012287899
I argue in this paper that the estimation of wage curves and NAWRUs at the country level suffers from spatial aggregation bias. Using European data for the years 2000-2017, I find steeper country level wage curves and higher NAWRUs, compared to estimating at the underlying regional level. The...
Persistent link: https://www.econbiz.de/10012387309