Flexibility and heterogeneity are important topics in labour market research. Since 2004 the Deutsche Forschungsgemeinschaft (DFG) has funded a research network addressing the issue of 'Flexibility in Heterogeneous Labour Markets', which intends to uncover possibilities for fostering...

Facing the recent German debate on the minimum wage, this paper analyses theoretical effects of minimum wages on employment and wage distribution under a frictional setting. I??review new developments in search theory and discuss the influence of the minimum wage on wages and employment under...

The objective of this paper is to analyse the flexibility opportunities of firms to respond to increasing labour market requirements and heterogeneity. Thereby, we focus on two groups of workers and two kinds of management events. The two groups of workers are female and older workers, while...

This paper summarizes the findings of studies which investigate the determinants of wages in Germany, using data of the German Socioeconomic Panel (GSOEP). The empirical analyses apply least squares estimates as well as the estimators developed by Altonji and Shakotko, Rev. Econ. Stud. 54, 437...

This paper analyses the performance of migrants on the German labour market and its dependence on the tasks performed on their jobs. Recent work suggests quantifying the imperfect substitutability relationship between migrants and natives as a measure for the hurdles migrants have to face. Our...

The objective of this paper is to analyse the flexibility opportunities of firms to respond to increasing labour market requirements and heterogeneity. Thereby, we focus on two groups of workers and two kinds of management events. The two groups of workers are female and older workers, while...

Der Beitrag arbeitet die Heterogenität von Unternehmen innerhalb von Branchen hinsichtlich ihrer technischen Effizienz heraus. Datengrundlage sind die Mikrodaten der Kostentrukturerhebung im Verarbeitenden Gewerbe in Deutschland. Die technische Effizienz wird im Rahmen der Schätzung einer...

Nachdem die Europäische Zentralbank (EZB) nur verhalten auf den weltweiten synchronen Abschwung reagiert hat, sind mit der sich abzeichnenden Belebung der wirtschaftlichen Aktivität im Euroraum weitere Zinssenkungen unwahrscheinlich geworden. An den Finanzmärkten werden bereits...

Über die geldpolitische Strategie der Europäischen Zentralbank (EZB) ist in den vier Jahren ihres Bestehens vielfach diskutiert worden. Für dieses Jahr plant nun die EZB selbst eine Überprüfung ihrer Zwei-Säulen-Strategie. Um den Marktteilnehmern eine eindeutige Richtschnur zu geben,...