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220928 ||| eng |
| 020 |
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|a 9781513521145
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| 100 |
1 |
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|a Klinger, Sabine
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| 245 |
0 |
0 |
|a Immigration and Wage Dynamics in Germany
|c Sabine Klinger, Anvar Musayev, Jean-Marc Natal, Enzo Weber
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| 260 |
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|a Washington, D.C.
|b International Monetary Fund
|c 2019
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| 300 |
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|a 34 pages
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| 651 |
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4 |
|a Germany
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| 653 |
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|a Inflation
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| 653 |
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|a Migration
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| 653 |
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|a Mobility, Unemployment, and Vacancies: General
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| 653 |
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|a Labour
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| 653 |
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|a International Migration
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| 653 |
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|a Wages, Compensation, and Labor Costs: General
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| 653 |
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|a Migration, immigration & emigration
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| 653 |
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|a Deflation
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| 653 |
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|a Unemployment: Models, Duration, Incidence, and Job Search
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| 653 |
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|a Unemployment
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| 653 |
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|a Labor markets
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| 653 |
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|a Emigration and immigration
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| 653 |
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|a Spatio-temporal Models
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| 653 |
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|a Demand and Supply of Labor: General
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| 653 |
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|a Labor
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| 653 |
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|a Population and demographics
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| 653 |
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|a Price Level
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| 653 |
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|a Wage Level and Structure
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| 653 |
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|a Panel Data Models
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| 653 |
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|a Labor market
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| 653 |
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|a Wages
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| 653 |
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|a Wage Differentials
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| 653 |
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|a Unemployment rate
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| 653 |
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|a Emigration and Immigration
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| 653 |
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|a Income economics
|
| 700 |
1 |
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|a Musayev, Anvar
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| 700 |
1 |
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|a Natal, Jean-Marc
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| 700 |
1 |
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|a Weber, Enzo
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| 041 |
0 |
7 |
|a eng
|2 ISO 639-2
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| 989 |
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|b IMF
|a International Monetary Fund
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| 490 |
0 |
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|a IMF Working Papers
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| 028 |
5 |
0 |
|a 10.5089/9781513521145.001
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| 856 |
4 |
0 |
|u https://elibrary.imf.org/view/journals/001/2019/301/001.2019.issue-301-en.xml?cid=48838-com-dsp-marc
|x Verlag
|3 Volltext
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| 082 |
0 |
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|a 330
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| 520 |
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|a German wages have not increased very rapidly in the last decade despite strong employment growth and a 5 percentage point decline in the unemployment rate. Our analysis shows that a large part of the decline in unemployment was structural. Micro-founded Phillips curves fit the German data rather well and suggest that relatively low wage growth can be largely attributed to low inflation expectations and low productivity growth. There is no evidence – from either aggregate or micro-level administrative data – that large immigration flows since 2012 have had dampening effects on aggregate wage growth, as complementarity effects offset composition and competition effects
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