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Trade, technical change, and labour market adjustment

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dc.creator Heitger, Bernhard
dc.creator Stehn, Jürgen
dc.date 2003
dc.date.accessioned 2013-10-16T06:05:21Z
dc.date.available 2013-10-16T06:05:21Z
dc.date.issued 2013-10-16
dc.identifier The world economy 0378-5920 26 2003 10 1481-1501
dc.identifier http://hdl.handle.net/10419/3101
dc.identifier ppn:376174552
dc.identifier ppn:376174552
dc.identifier RePEc:zbw:ifwkie:3101
dc.identifier.uri http://koha.mediu.edu.my:8181/xmlui/handle/10419/3101
dc.description The paper empirically examines three possible reasons for the high and rising unemployment of low-skilled employees in Germany: (i) an upsurge in interindustry trade, (ii) a skill-biased technical change, and (iii) a failure of labour market adjustment. The empirical analyses indicate that an exogenous wage-setting process as well as a bundle of factors, including a skill-biased technical and structural change, have contributed to the decline in relative demand for low-skilled employees in Germany. Thus, economic policy in Germany should focus on improving the employability of workers in the lower segment of the labour market and on raising the adjustment flexibility, above all the flexibility of the wage structure, of the German labour market.
dc.language eng
dc.rights http://www.econstor.eu/dspace/Nutzungsbedingungen
dc.subject J31
dc.subject F11
dc.subject O30
dc.subject ddc:330
dc.subject Arbeitslosigkeit
dc.subject Industriegüteraußenhandel
dc.subject Industrieller Strukturwandel
dc.subject Technischer Fortschritt
dc.subject Beschäftigungseffekt
dc.subject Ungelernte Arbeitskräfte
dc.subject Lohnbildung
dc.subject Bildungsinvestition
dc.subject Soziale Sicherung
dc.subject Deutschland
dc.title Trade, technical change, and labour market adjustment
dc.type doc-type:article


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