bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment …

bargaining, minimum wages, employment protection and unemployment benefits affect the way in which wages respond to labor supply … decline with the unemployment rate, albeit imperfectly. We find that wage flexibility is substantially higher in the UK … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment …

the assumption that wages respond to a change in the unemployment rate, albeit imperfectly. This allows one to derive the … through immigration increases the aggregate unemployment rate by less than 0.1 percentage points and reduces average wages by … less 0.1 percent. While native workers benefit from increased wages and lower unemployment, foreign workers are adversely …

unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …

unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …

unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …

unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to …