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...

Descrición completa

Detalles Bibliográficos
Autor Principal: Klinger, Sabine
Outros autores: Musayev, Anvar, Natal, Jean-Marc, Weber, Enzo
Formato: Revista
Idioma:English
Publicado: Washington, D.C. : International Monetary Fund, 2019.
Series:IMF Working Papers; Working Paper ; No. 2019/301
Acceso en liña:Full text available on IMF