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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 …
Persistent link: https://www.econbiz.de/10011444759
large data sets from the U.S., Britain, and western Germany to test the Krugman hypothesis for the 1990s, when unemployment …Rising wage inequality in the U.S. and Britain (especially in the 1980s) and rising continental European unemployment … in Germany increased (unlike in the U.S. and Britain, where it fell). British and German evidence is further backed up …
Persistent link: https://www.econbiz.de/10011448440
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
the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a …
Persistent link: https://www.econbiz.de/10011446629
Using data from the German Socio-Economic Panel for the years 2000 to 2006 we analyze the determinants and labor market effects of educational dropout. In addition to classical variables like family background and occupation, we examine noncognitive skills and Internet use. Noncognitive skills...
Persistent link: https://www.econbiz.de/10003728547
, dass mit einer größeren Lohnspreizung die Lastverteilung der Arbeitslosigkeit bei gegebenem Output, Kapitaleinsatz und …
Persistent link: https://www.econbiz.de/10011440988
Die Bekämpfung der Arbeitslosigkeit genießt oberste wirtschaftspolitische Priorität - dieser Feststellung wird kaum …
Persistent link: https://www.econbiz.de/10011444949
We analyze the economic factors which have contributed to the dramatic decline of the employment share of unskilled labor in German manufacturing, in particular the role played by the relatively rigid earnings structure. Potential effects of intensified international competition and skill-biased...
Persistent link: https://www.econbiz.de/10011440891
quits are important reasons for wage rigidities for high skilled labour. Compared to findings from the USA, in Germany …
Persistent link: https://www.econbiz.de/10011445640
In this paper, we study the effect of skill-biased technological change on unemployment when benefits are linked to the …, unemployment rises. More generally, we show that skill-biased technological change leads to increasing unemployment of the … inequality and unemployment under different social benefits regimes: Analyzing the social legislation in 14 countries, we find …
Persistent link: https://www.econbiz.de/10003225286