Immigration and Wage Dynamics in Germany /

German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather wel...

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Hlavní autor: Klinger, Sabine
Další autoři: Musayev, Anvar, Natal, Jean-Marc, Weber, Enzo
Médium: Časopis
Jazyk:English
Vydáno: Washington, D.C. : International Monetary Fund, 2019.
Edice:IMF Working Papers; Working Paper ; No. 2019/301
On-line přístup:Full text available on IMF