The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …

Vereinigten Staaten erläutert. Nach Solow ist die Ursache der Arbeitslosigkeit nicht allein die Arbeitsmarktrigidität in Europa … und Deutschland aufzeigt. Der Anteil Langzeitarbeitsloser an der Arbeitslosenquote ist in Europa wesentlich höher als in …

The US labour market is characterized by a high skill wage mark-up and low unemployment, while the German labour market … has a low skill wage mark-up and a high, mainly unskilled unemployment rate. This paper adds an innovative labour supply … mark-up stronger than in Germany in the wake of skill-biased technological change. The reason is that the unskilled …