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The German "employment miracle", with a weak decline in employment and low unemployment during the great recession, seems to be a good example for a successful labour market reform. Nevertheless, there are concerns about rising inequality in the labour market. In this paper we analyze the...
Persistent link: https://www.econbiz.de/10009792971
The German employment miracle with a weak decline in employment and low unemployment during the great recession seems to be a good example for a successful labour market reform. While the aggregate level of job turnover seems to be stable over time, there are nevertheless concerns about rising...
Persistent link: https://www.econbiz.de/10010339311
and Germany to condition the relationship between real wages and business fluctuations on the phase of the cycle, it is … general, the evidence for countercyclical wages is stronger in Germany than for the US, but taken together there is no clear …
Persistent link: https://www.econbiz.de/10011449261
estate, as well as the costs of public goods to develop alternative inflation measures in Germany since the introduction of …
Persistent link: https://www.econbiz.de/10012291889
For many years, only better-paid workers benefited from Germany’s real wage increases. In contrast, dependent employees …
Persistent link: https://www.econbiz.de/10011650032
Germany has suffered an inflationary shock broadly commensurate with that of the Euro Area as a whole, with energy … than lower fossil-fuel consumption. Germany did not come up with a formalised "social pact" to address the crisis, although …
Persistent link: https://www.econbiz.de/10013472774
Persistent link: https://www.econbiz.de/10014480949
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010302616
This paper establishes stylized facts about the cyclicality of real consumer wages and real producer wages in Germany …
Persistent link: https://www.econbiz.de/10010274586
Persistent link: https://www.econbiz.de/10000869435