Brixy, Udo; Kohaut, Susanne; Schnabel, Claus - Institut für Arbeitsmarkt- und Berufsforschung (IAB) - 2004
"Using a linked employer-employee data set for Germany, this paper analyses wage setting in a cohort of newly founded and other establishments from 1997 to 2001. While theory provides alternative explanations for higher or lower wages in newly founded firms, we show empirically that start-ups...
