unpaid overtime. Their effectivewages show a strongly procyclical reaction to changes in unemployment. Despite acyclicalwage …

wages. A one-point increase in the unemployment rate decreases wages ofnewly hired male workers by around 2.8% and by just 1 …

" – although they generate price inertia, they cannot account for thestylised fact of inflation persistence. It is thus commonly … asserted that, in the context of thenew Phillips curve (NPC), inflation is a jump variable... …

26 NUTS-2 regions over the period 2005-2008.When the local unemployment rate is treated as predetermined, there is … instrument for current unemployment rate, we find anunemployment elasticity of -0.099. We also find a higher elasticity for … finding is that the wages of females in Turkey are significantlymore responsive to local unemployment rates than their male …

periods and the size of unemployment benefits on unemploymentdurations and post-unemployment earnings in West Germany... …

Recent theoretical work has examined the spatial distribution of unemployment using theefficiency wage model as the … mechanism by which unemployment arises in the urbaneconomy. This paper extends the standard efficiency wage model in order to …

Von dem vierten Gesetz für moderne Dienstleistungen am Arbeitsmarkt (Hartz IV), das mit dem 1. Januar 2005 in Kraft … Arbeitsmarkt vollkommenen, so führt dies zu einer Senkung des gleichgewichtigen Reallohns und damit zu mehr Beschäftigung. In einem … unvoll-kommenen Arbeitsmarkt mit einem bindenden Mindestlohn kann diese Wirkung ebenfalls erzielt werden, wenn der Anstieg …