local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …

western Germany over the period 1990-97. Key words: Unemployment, wage formation, spatial analysis, local monopsony, Germany … local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …

local labour market is in close proximity of other labour markets, a local shock that increases unemployment may not lead to … lower pay rates if employers fear outward migration of their workers. Hence, the unemployment elasticity of pay will be … with other regions. These hypotheses are confirmed by means of an estimation of wage curves with data for 327 regions of …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …

unemployment. Empirical results focus on particular theoretical channels establishing the relationship. Panel models mostly draw on …

. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds … Services of Germany (Bundesagentur für Arbeit) over the period 1980-2004. We find that the wage equation is highly … one should account for wage dynamics. The unemployment elasticity is significant but relatively small: only between -0 …

Much research has been done showing that unemployment can cause crime, and that crime adversely impacts economic … find evidence for the possibility of a vicious cycle, with unemployment leading to higher crime rates and crime rates … raising unemployment. I further find that especially employment in low-skill service jobs is adversely affected by crime, that …