Resource title

Wage rigidities in Western Germany? Microeconometric evidence from the 1990s

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Resource description

This paper investigates whether and in what sense the west German wage structure has been ?rigid? in the 1990s. To test the hypothesis that a rigid wage structure has been responsible for rising low-skilled unemployment, I propose a methodology which makes less restrictive identifying assumptions than some previous related work. I find that the relative stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net demand shocks for young workers, as well as white-collar workers.

Resource author

Patrick A. Puhani

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Resource language

eng

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text/html

Resource resource URL

http://hdl.handle.net/10419/24458

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Adapt according to the presented license agreement and reference the original author.