Showing 1 - 10 of 96
Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … (with rather stable wage inequality) have led to a popular view in the economics profession that these two phenomena are …
Persistent link: https://www.econbiz.de/10011448440
In this paper, we assess the impact of immigration and unemployment for a sample of 15 EU countries between 1997 and 2016. We test for the existence of a core-periphery dualism based on differences in macroeconomic fundamentals and labour market characteristics. We use a Panel Error Correction...
Persistent link: https://www.econbiz.de/10012162043
qualifikatorischen Lohnstruktur zur Erklärung der Beschäftigungsstruktur Stellung. Basierend auf einer Einteilung in drei …-Kostenfunktion und Anteilsgleichungen ökonometrisch geschätzt, um den Einfluss der Lohnstruktur auf die Beschäftigungsstruktur zu …
Persistent link: https://www.econbiz.de/10011440988
We present a new and simple empirical methodology to identify relative wage rigidity dynamics. The methodology is applied to data from the Polish Labour Force Survey for the period 1994 to 1998. We estimate ceteris paribus changes in relative wage and unemployment differentials for various...
Persistent link: https://www.econbiz.de/10011445051
This paper investigates whether and in what sense the west German wage structure has been "rigid" in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying...
Persistent link: https://www.econbiz.de/10011446629
Based on a correspondence experiment covering 3,124 fictitious job applications, the paper identifies and quantifies duration dependence in Germany, with a particular emphasis on company and vacancy characteristics as potential determinants. The experiment reveals that duration dependence...
Persistent link: https://www.econbiz.de/10012114623
This paper analyzes the dynamic effects of different macroeconomic shocks on unemployment in Germany. In a first step, a cointegration analysis of productivity, prices, real wages, employment, and the unemployment rate reveals two long run relationships, interpreted as a labor demand and a wage...
Persistent link: https://www.econbiz.de/10011446670
This chapter summarizes the latest state of the art in economic research on unemployment and subjective well-being. Outcomes covered are general life satisfaction, affective well-being, and mental health. Special attention is paid to empirical evidence as obtained from popular panel data sets....
Persistent link: https://www.econbiz.de/10012417634
Adopting a panel event study framework, we estimate the effect of unemployment on health outcomes by exploiting the variation in the timing of entering unemployment using longitudinal data for Greece. We find, that in the periods ahead of an unemployment event, health outcomes decline and unmet...
Persistent link: https://www.econbiz.de/10012665594
We analyze the dramatic decline of the employment share of unskilled labor in the West German economy, in particular its relation to the relatively rigid earnings structure. We find that the substitution elasticity between unskilled and skilled labor is rather low in most sectors of the economy....
Persistent link: https://www.econbiz.de/10011441629