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"At a workshop at the Institute for Employment Research (IAB) various studies were presented which attempt to test whether there is a German 'wage curve'. This is an inverse relationship between regional unemployment and regional wages. The occurrence of the wage curve can be explained by...
Persistent link: https://www.econbiz.de/10005533315
Abstract In this paper, a set of neural network (NN) models is developed to compute short-term forecasts of regional employment patterns in Germany. Neural networks are modern statistical tools based on learning algorithms that are able to process large amounts of data. Neural networks are...
Persistent link: https://www.econbiz.de/10005495698
The paper provides an outline of a method useful for forecasting problems. The approach is based on a combination of top-down and bottom-up techniques. It is applied to project employment in all 327 (western) German districts for a time span of two years. The most important step in the...
Persistent link: https://www.econbiz.de/10005458027
This paper presents an outline of the so-called Shift-Share Regression and an application of this method to the analysis of employment development. The method used is not a deterministic decomposition such as the classical Shift-Share-Analysis, but a powerful, yet simple and flexible econometric...
Persistent link: https://www.econbiz.de/10011132099
In the social sciences and in other fields where data from individual respondents are collected, it is an important concern that information remains confidential and that the identity of individual data providers is not disclosed. For several realistic scenarios, the present article examines the...
Persistent link: https://www.econbiz.de/10011136774
In this paper, a set of neural network (NN) models is developed to compute short-term forecasts of regional employment patterns in Germany. NNs are modern statistical tools based on learning algorithms that are able to process large amounts of data. NNs are enjoying increasing interest in...
Persistent link: https://www.econbiz.de/10011256595
Using the IAB Establishment Panel, which is representative for western Germany, the authors find that establishment-level wages reacted to variations in the regional unemployment rate. The elasticity of wages with respect to unemployment, they estimate, was about −0.1. This responsiveness...
Persistent link: https://www.econbiz.de/10011261462
Urbanization and localization effects are known to boost the regional economy and its growth potential. The emergence of these effects is due to localized knowledge flows, the closeness to markets, but also due to the diversity of services and industries. All these effects have the potential to...
Persistent link: https://www.econbiz.de/10011201800