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In 1994, Blanchflower and Oswald reported that they have found an 'empirical law of economics' -the Wage Curve. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds especially for the Anglo-Saxon countries. Our paper reconsiders...
Persistent link: https://www.econbiz.de/10003688782
In Germany, decreasing collective bargaining coverage and rising wage inequality led to the introduction of a new statutory minimum wage of € 8.50 per hour of work. We analyze the relationship between the bite of the minimum wage and employment/ unemployment growth using regional data of the...
Persistent link: https://www.econbiz.de/10011544284
Blanchflower and Oswald (1994) reported that they have found an ‘empirical law of economics' – the Wage Curve. Our paper reconsiders the western German Wage Curve using disaggregated regional data and is based on almost one million employees drawn from the Federal Employment Services of...
Persistent link: https://www.econbiz.de/10013127138
A wage curve is a decreasing function of wages on the regional unemployment rate. Most empirical studies on the wage curve ignore possible spatial interaction effects between the regions which are the primary units of research. This paper reconsiders the western German wage curve with a special...
Persistent link: https://www.econbiz.de/10013127372
In 1994, Blanchflower and Oswald reported that they have found an "empirical law of economics" - the Wage Curve. According to their empirical results, the elasticity of wages with respect to regional unemployment is -0.1. This holds especially for the Anglo-Saxon countries. Our paper reconsiders...
Persistent link: https://www.econbiz.de/10013324826
In this paper we find evidence that the new economic geography approach is able to describe and explain the spatial characteristics of an economy, in our case the German economy. Using German district data we estimate the structural parameters of a new economic geography model as developed by...
Persistent link: https://www.econbiz.de/10010295495
This paper examines regional differences in subjective well-being (SWB) in Germany. Inferential statistics indicate a diminishing but still significant gap between East andWest Germany, but also differing levels of SWB within both parts of Germany. The observed regional pattern of life...
Persistent link: https://www.econbiz.de/10009502859
This paper examines regional differences in subjective well-being (SWB) in Germany. Inferential statistics indicate a diminishing but still significant gap between East and West Germany, but also differing levels of SWB within both parts. The observed regional pattern of life satisfaction...
Persistent link: https://www.econbiz.de/10009541867
Which of Germanys regions is the most attractive? Where is it best to live and work - on objective grounds? These questions are summed up in the concept "quality of life". This paper uses recent research projects that determine this parameter to examine the spatial distribution of quality of...
Persistent link: https://www.econbiz.de/10009355452
Empirical research on agglomeration and regional economic growth puts high emphasis on the impact of specialization, diversity, and competition on regional employment dynamics (Glaeser et al. 1992, Henderson et al. 1995, Blien et al. 2006, Fuchs 2009). However, Beugelsdijk (2006) and Raspe/van...
Persistent link: https://www.econbiz.de/10012619736