Towards an East German wage curve – NUTS boundaries, labour market regions and unemployment spillovers

Towards an East German wage curve – NUTS boundaries, labour market regions and unemployment spillovers

The relevance of spatial effects in the wage curve can be rationalized by the model of monopsonistic competition in regional labour markets. However, distortions in extracting the regional unemployment effects arise in standard regional (i.e. NUTS) classifications as they fail to adequately capture...

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Veröffentlicht in:MAGKS - Joint Discussion Paper Series in Economics (Band 29-2017)
Autoren: Kosfeld, Reinhold, Dreger, Christian
Format: Artikel
Sprache:Englisch
Veröffentlicht: Philipps-Universität Marburg 2017
Schlagworte:
spatial error-correction model
Wage curve
labour market regions
Wirtschaft
global cointegration
Economics
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MAGKS - Joint Discussion Paper Series in Economics

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