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Wages and occupational flexibilities as determinants of the interactive QuBe labour market model: a methodological report on the basic projection of the 3rd wave of the BIBB-IAB qualifications and occupational field projections

The [Federal Institute for Vocational Training/German Institute for Employment Research] BIBB-IAB qualification and... Show more
The [Federal Institute for Vocational Training/German Institute for Employment Research] BIBB-IAB qualification and occupational field projections describe the labour demand and supply development until 2030. This discussion paper includes the underlying data, methods and assumptions of the third wave of the long-term BIBB-IAB qualification and occupational field projections ([Qualifikation und Beruf in der Zukunft] QuBe project). Taken into account in the present third wave was the increased future net immigration as a consequence of the European economic crisis. In addition, empirically founded dynamic interaction processes between labour supply and demand by qualifications and occupations have been modelled for the first time. On the demand side, for example, the available occupation-specific labour supply in persons and hours is taken into account when determining wages for the respective occupations. On the supply side, the advantages of the two hitherto applied supply models BIBB-FIT and BIBB-DEMOS have been combined in one supply model and the wage elasticity coinciding with occupational flexibility has been estimated at the same time.
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Authors: Maier, Tobias; Zika, Gerd; Monnig, Anke; Wolter, Marc Ingo ... [+] Show more

Date: 2014

Geographic subjects: Germany; Europe

Resource type: Report, paper or authored book

Series name: Wissenschaftliche Diskussionspapiere

Subjects: Labour market; Employment; Skills and knowledge ... [+] Show more

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Wages and occupational flexibilities as determinants of the interactive QuBe labour market model: a methodological report on the basic projection of the 3rd wave of the BIBB-IAB qualifications and occupational field projections