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The New Economic Geography predicts a positive effect of market access on wages, as represented by the wage equation. Several studies provide empirical evidence in favor of the wage equation. However, a key problem is the endogeneity of market access: it is challenging to identify the causal...
Persistent link: https://www.econbiz.de/10009613808
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/10009613815
Persistent link: https://www.econbiz.de/10009633557
In analyzing the disparities of the regional developments in the volume of employment in Germany, in the recent empirical literature so called shift-share-regression-models are frequently applied. However, these models usually neglect spatial interdependencies, even though such interdependencies...
Persistent link: https://www.econbiz.de/10008748286
The New Economic Geography predicts a positive effect of market access on wages, as represented by the wage equation. Several studies provide empirical evidence in favor of the wage equation. However, a key problem is the endogeneity of market access: it is challenging to identify the causal...
Persistent link: https://www.econbiz.de/10009575133
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/10009575138
Persistent link: https://www.econbiz.de/10003763120
Wie entstehen Unterschiede regionaler Arbeitsmärkte? Diese Frage lässt sich nur schwer beantworten, da Ursache und Wirkung wegen zahlreicher gegenseitiger Abhängigkeiten auf regionaler Ebene kaum zu unterscheiden sind. Die deutsche Wiedervereinigung stellt dagegen ein exogenes Ereignis dar,...
Persistent link: https://www.econbiz.de/10010519372