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This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … driver for the "German labor market miracle" during the Great Recession. …
Persistent link: https://www.econbiz.de/10011916540
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general … driver for the "German labor market miracle" during the Great Recession. …
Persistent link: https://www.econbiz.de/10011634724
Persistent link: https://www.econbiz.de/10010442652
in their unemployment rate and not a decline in labour force participation rate. Policymakers should take account of …
Persistent link: https://www.econbiz.de/10012157899
regulatory conditions on immigrant-native gaps across four outcomes; unemployment, monthly earnings, underemployment, and … unemployment and underemployment. A higher union density appears to suppress wage differences across some immigrant groups, rather …
Persistent link: https://www.econbiz.de/10010439678
Central banks need to be concerned about wages since they are a major driver of inflation. Rising wages are needed to signal directions for market adjustments to ensure growth. Wage growth is driven by relative scarcity, labor productivity and expectations about inflation and future growth....
Persistent link: https://www.econbiz.de/10012131008
Not only the level of aggregate unemployment but also the properties of its dynamics are an important topic in … asymmetric pattern in the evolution of unemployment, whereas linear models with Gaussian innovations preclude such dynamics. This … paper applies several tests for asymmetry to aggregate British, German and US unemployment data to assess the relevance of …
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