@article{Heitger2003Trade,
abstract = {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.},
author = {Bernhard Heitger and J\"{u}rgen Stehn},
copyright = {http://www.econstor.eu/dspace/Nutzungsbedingungen},
issn = {0378-5920},
journal = {The world economy},
keywords = {J31; F11; O30; 330; Arbeitslosigkeit; Industrieg\"{u}terau\ss{}enhandel; Industrieller Strukturwandel; Technischer Fortschritt; Besch\"{a}ftigungseffekt; Ungelernte Arbeitskr\"{a}fte; Lohnbildung; Bildungsinvestition; Soziale Sicherung; Deutschland},
language = {eng},
number = {10},
pages = {1481-1501},
title = {Trade, technical change, and labour market adjustment},
url = {http://hdl.handle.net/10419/3101},
volume = {26},
year = {2003}
}
