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...

Полное описание

Библиографические подробности
Главный автор: Klinger, Sabine
Другие авторы: Musayev, Anvar, Natal, Jean-Marc, Weber, Enzo
Формат: Журнал
Язык:English
Опубликовано: Washington, D.C. : International Monetary Fund, 2019.
Серии:IMF Working Papers; Working Paper ; No. 2019/301
Online-ссылка:Full text available on IMF