Unbestritten kommt der Ausstattung und Qualität des Humankapitals eine immer größere Rolle für die Wettbewerbsfähigkeit eines Landes oder eines einzelnen Unternehmens zu. Dabei kann der Bestand an Humankapital zwar sowohl auf private als auch auf betriebliche oder staatliche...

One common feature of all empirical wage curve studies is the underlying assumption that the unemployment rate is the natural indicator of labor market tightness. However, we observe that in many European countries governments spend remarkable amounts on labor market training programs. As...

The labor market outcomes of ethnic minorities in advanced societies and their dependence on social relationships and membership in social networks are important empirical issues with significant policy consequences. We use detailed micro-data on multiple-origin ethnic minorities in England and...

This paper re-examines the role of labor-market competition as a determinant of attitudes toward immigration. We claim two main contributions. First, we use more sophisticated measures of the degree of exposure to competition from immigrants than previously done. Specifically, we focus on the...

We examined the liability-of-foreignness (LOF) hypothesis for immigrant and native job seekers by analyzing a national dataset that tracks their use of job-search methods and their associated job outcomes in the Canadian labor market. To our knowledge this is the first empirical test of LOF at...

Bis Mitte 2000 schien die konjunkturelle Erholung im Euroraum sich zu festigen und in einen länger andauernden Aufschwung zu münden. Damit, so hoffte man, würde allmählich auch das Ziel der Vollbeschäftigung wieder näher rücken. Jedoch hat sich mit der markanten konjunkturellen...

This paper reviews recent approaches to modeling the labour market and assesses their implications for inflation dynamics through both their effect on marginal cost and on price-setting behaviour. In a search and matching environment, we consider the following modeling setups: right-to-manage...