Skills, Wages, and Employment in East and West Germany
Download or Read eBook Skills, Wages, and Employment in East and West Germany PDF written by Felix FitzRoy and published by International Monetary Fund. This book was released on 1995 with total page 30 pages. Available in PDF, EPUB and Kindle.
Author | : Felix FitzRoy |
Publisher | : International Monetary Fund |
Total Pages | : 30 |
Release | : 1995 |
ISBN-10 | : UCSD:31822019112937 |
ISBN-13 | : |
Rating | : 4/5 (37 Downloads) |
Book Synopsis Skills, Wages, and Employment in East and West Germany by : Felix FitzRoy
Book excerpt: Disaggregated data from 30 two-digit manufacturing industries in the east and west parts of unified Germany are used to estimate employment for three skill categories of blue collar workers. Employment elasticities are uniformly higher in the east, and for unskilled labor. The former result contradicts union claims that wages had little relevance for east German job losses, while the latter confirms the capital-skill complementarity hypothesis.