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...
Главный автор: | |
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Другие авторы: | , , |
Формат: | Журнал |
Язык: | English |
Опубликовано: |
Washington, D.C. :
International Monetary Fund,
2019.
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Серии: | IMF Working Papers; Working Paper ;
No. 2019/301 |
Online-ссылка: | Full text available on IMF |