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This paper analyzes how the aging labor force affects the unemployment rate at the regional level in Germany. A theoretical model of equilibrium unemployment with spatial labor market interactions is used to study the effects of agerelated changes in job creation and job destruction. Using data...
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Die Humankapitaltheorie sagt voraus, dass mit einem Berufswechsel Hu-mankapitalinvestitionen in berufsspezifische Fähigkeiten erforderlich sind. Insofern sollten sich regionale Unterschiede im Berufsangebot auf das erwartete Einkommen in der Zielregion auswirken. Erfassen bestehende...
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, two equilibria can result: one with a high networking rate, high average labor productivity, low unemployment and no … emigration (West Germanyʺ) and one with a low networking rate, low average labor productivity, high unemployment and a constant …
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