We develop a model of directed technological change, frictional unemployment and migration to examine the effects of a …, an increase in the skill ratio can reduce the relative unemployment rate of skilled workers and decrease the relative …

unemployment when taking place in industries characterized by low skilled wage rigidity. Thus, in terms of unemployment, not …

unemployment when taking place in industries characterized by low skilled wage rigidity. Thus, in terms of unemployment, not …

large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up …

This paper provides detailed empirical evidence on the scope of mismatch in Germany in the past decade, using a … suggest that regional mismatch did not play an important role in explaining movements of aggregate unemployment. Across … industries and occupations, there was a decrease in mismatch unemployment from over 5 percent to below 4 percent (on the highest …