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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Bibliographic Details

Published in:	MAGKS - Joint Discussion Paper Series in Economics (Band 29-2017)
Main Authors:	Kosfeld, Reinhold, Dreger, Christian
Format:	Article
Language:	English
Published:	2017
Subjects:	labour market regions Wirtschaft global cointegration spatial error-correction model Wage curve Economics
Online Access:	PDF Full Text
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