workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony … power should not be neglected when analysing wage cyclicality. …

workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony … power should not be neglected when analysing wage cyclicality. …

workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony … power should not be neglected when analysing wage cyclicality. …

workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony … power should not be neglected when analysing wage cyclicality …

Using a representative establishment dataset, this paper analyzes the incidence of wage posting and wage bargaining in … the matching process. We show that both modes of wage determination coexist in the German labor market, with about two …-thirds of hirings being characterized by wage posting. Wage posting dominates in the public sector, in larger firms, in firms …

expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …

endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments …

endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments …

expensive older workers into retirement. Based on the seniority wage model developed by Lazear (1979), we discuss steep … seniority wage profiles as incentives for firms to dismiss older workers before retirement. Conditional on individual retirement … incentives, e.g., social security wealth or health status, the steepness of the wage profile will have different incentives for …

endogeneity concerns arising in this context, we estimate time-invariant firm-specific wage components and use them as instruments …