We analyse the role that education signals play in the transition rates from unemployment to finding a job. We compare the results for Ethnic Germans with those for foreigners from the same origin countries and Native Germans. In the first case, the two have the same labour market access but...

In den vergangenen Jahren lag die Zahl der Einwanderer nach Deutschland deutlich über dem langjährigen Durchschnitt. Hauptgründe hierfür sind die günstigen Arbeitsmarktbedingungen, die Einführung der Arbeitnehmerfreizügigkeit und der Anstieg der Fluchtmigration. Im Vergleich zur Phase der...

We extend the standard quality-ladder model with heterogeneous workers by including efficiency wages and unions. We find that higher union bargaining power leads to a negative relationship between growth and unemployment. An increase in the supply of human capital, however, on the one hand...