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We decompose permanent earnings risk into contributions from hours and wage shocks. In order to distinguish between hours shocks and labor supply reactions to wage shocks we use a life-cycle model of consumption and labor supply. Estimating our model with the Panel Study of Income Dynamics...
Persistent link: https://www.econbiz.de/10011911518
This paper analyzes the effect of educational mismatch on wages in Germany, using data from the German Socio-Economic Panel. Educational mismatch has been discussed extensively, mostly by applying OLS wage regressions which are prone to an unobserved heterogeneity bias. This problem is...
Persistent link: https://www.econbiz.de/10009763249
This paper introduces a two-stage union-oligopoly-council model of wage and employment determination wherein at the … workers as a union. -- Workplace representation ; union-oligopoly bargaining ; firm-council codetermination …Dieses Paper schlägt ein zweistufiges Gewerkschaft-Oligopol-Betriebsrat-Modell über Lohn- und …
Persistent link: https://www.econbiz.de/10003950956
We contribute to the empirical literature on the effective incidence of corporate income taxation. We focus on the so-called direct incidence via the wage bargaining process. Building on the innovative framework of Arulampalam, Devereux and Maffini (2012), we analyze the importance of various...
Persistent link: https://www.econbiz.de/10010487063