"The article places the wage curve in the context of a more extensive model of regional adjustment procedures. According to the approach it is necessary to differentiate between variables which show convergence characteristics and variables which strive for permanently changed balances following...

"Against the background of the general trend towards higher levels of education and training the question arises as to how the regional disparities in the workers' average qualification levels develop over time. With regard to spatial disparities it is of great importance whether the training...

We use a 100% sample of social security panel micro data for estimating the effects of a minimum wage in the German construction sector. In 1997, a wage floor was introduced at different rates in West and East Germany. For analysing the impact of this natural experiment we conceptually follow a...

The paper deals with the deterioration of human capital during spells of unemployment. In our model the probability of leaving the unemployment pool decreases with the duration of unemployment. It can be shown that with a linear deterioration function and a simple distribution function for the...

The paper deals with the estimation of a simultaneous equation system with time-varying parameters. The system is formulated in state space form and it is shown that the Kalman filter algorithm is applicable. The prior information required by this estimation method can be obtained by...

The aim of the paper is to develop a theoretical framework for analyzing regional adjustment processes after idiosyncratic shocks. The model builds on the macroeconomic approach with monopolistic competition on goods and labor markets. It is shown how interregional factor mobility affects...

We analyze the relationship between early-career unemployment and prime-age earnings with German administrative linked employer-employee data. The careers of more than 720,000 male apprenticeship graduates from the cohorts of 1978 to 1980 are followed over 24 years. On average, early-career...

The present paper analyzes deviations from Uncovered Interest Parity by applying a Kalman filter procedure based on optimal initial information to the estimation of this arbitrage equilibrium for the Mark/Dollar rate and the Swiss Franc/Dollar rate. The results demonstrate that the hypothesis of...

"The aim of this study is to analyze impacts of the introduction of the minimum wage in the German construction sector on wages and employment using micro data. The introduction of the minimum wage in 1997, which is binding for all blue-collar workers, is related to the Worker Posting Law....