labour, an increase in government wages or benefits reduces private sector employment, and government employment is not an …Government wage, benefit, and employment decisions are not taken on a profit-maximizing basis, and have a substantial … impact on aggregate labour market performance and unemployment. In a two-sector labour market model with free mobility of …

years. Looking behind the 'good news' implied by the lowest headline unemployment rates since the 1970s and by a low and …

German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage … point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural …

and prime-aged women in employment and the wage bills of particular sectors, but reduced the shares of older women and …

the assumption that wages respond to a change in the unemployment rate, albeit imperfectly. This allows one to derive the … through immigration increases the aggregate unemployment rate by less than 0.1 percentage points and reduces average wages by … less 0.1 percent. While native workers benefit from increased wages and lower unemployment, foreign workers are adversely …