find a high degree of downward nominal wage rigidity, which for rates of inflation lower than three percent is shown to … lead to higher equilibrium unemployment via the generated real wage wedge. …

; equilibrium unemployment ; inflation target ; Phillips curve ; Lucas critique ; Germany … Nominallöhne in Deutschland. Unter Verwendung von drei alternativen Modellvarianten für die proportionale … Abwärtsnominallohnstarrheit in Deutschland erheblich ist. Die realen Implikationen der nach unten starren Nominallöhne sind bei konstantem …

peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. -- Wage stickiness ; micro-level evidence ; measurement error …

peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate. …

peak at 12 months. 5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate …

peak at 12 months. (5) The probability of a wage change is positively correlated with the unemployment rate and with the … consumer price inflation rate …

evaluate the effects of an increasing low-wage sector on unemployment, the concept of the non-accelerating inflation rate of … unemployment (NAIRU) is used. In a first step, the unobservable, exogenous NAIRU is estimated for Germany in a state space setting …The creation of jobs in the low-pay sector is considered to be an approach to reduce unemployment, especially with …

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …

High rates of unemployment entail substantial costs to the working population in terms of reduced subjective well … individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the … sensitivity of subjective well-being to fluctuations in unemployment rates is much lower in the public sector than in the private …