unemployment and wages in aggregate analysis. We do find, however, evidence of distributional effects when accounting for human …

postcode-level data from administrative records to analyze the effects of immigration on wages and unemployment probabilities …

bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment …