This paper investigates the functioning of regional labour markets in Italy and Germany for different employee groups. In the light of high and persistent differences in unemployment and wage rates between the North and South of Italy and the West and East of Germany, we first derive theoretical...

This paper investigates the functioning of regional labour markets in Italy and Germany for different employee groups. In the light of high and persistent differences in unemployment and wage rates between the North and South of Italy and the West and East of Germany, we first derive theoretical...

On the basis of a theoretical model, we argue that higher aggregate unemployment affects individual returns to education. We therefore include aggregate unemployment and an interaction term between unemployment and the individual education level in a standard Mincer equation. Our results show...

In einer aktuellen ZEW-Studie wird im Rahmen eines Vergleichs zwischen den deutschen Bundesländern gezeigt, dass eine höhere Bildung in wirtschaftlich schwachen Regionen hauptsächlich die individuelle Beschäftigungschance erhöht. In Regionen mit hohem Bruttoinlandsprodukt wirkt sich höhere...