lagged adjustment processes. In the context of estimated labor market systems for Germany, the UK, and the US, we construct …

simple simulation experiments. …

We study the implications of product market competition and investment for price setting, wage bargaining and thereby …

We use longitudinal individual wage and employment data in France and the United States to investigate the effect of … to the minimum in a reference year as to be illegal in an adjacent comparison year as a result of movements in the real …

We investigate the labor market effects of immigration in Denmark, Germany and the UK, three countries which are … compared to Germany and, in particular, Denmark. As a consequence, immigration has a much larger effect on the unemployment … rate in Germany and Denmark, while the wage effects are larger in the UK. Moreover, the elasticity of substitution between …

individual panel data for Germany and repeated cross-sectional data for the United States and the European Union show that the …

, investment in education improves job-related learning skills and reduces training costs burdened by firms. Second, firms with … vacant skilled job slots can choose between recruitment from the market and training. Compared to Germany and Japan, the US …