In this paper, we develop a dynamic model of firm-level bargaining, along the lines of Manning (1993). In this context, we provide a firm level wage equation that explicitly accounts for firm heterogeneity. This wage equation explains inter-firm wage differentials by differences in labour...

This paper analyzes the strikingly different response of unemployment to the Great Recession in France and Spain. Their labor market institutions are similar and their unemployment rates just before the crisis were both around 8%. Yet, in France, unemployment rate has increased by 2 percentage...

The systematic use of experience rating is an original feature of the US unemployment benefit system. In most states, unemployment benefits are financed by taxing firms in proportion to their separations. Experience rating is a way to require employers to contribute to the payment of...

The Nash wage bargaining model is ubiquitous in modern labour economics. Yet most applications of this model ignore inter-employer competition for labour services and attribute all of the workers’ rent to their bargaining power. In this Paper, we write and estimate an equilibrium model with...

Welche fachlichen Qualifikationen brauchen Unternehmen, damit sie die Transformation hin zu einer Green Economy gut meistern und Wettbewerbsvorteile haben? Werden Spezialisten benötigt oder gar neue Berufe entstehen? Dies sind die zentralen Fragen, mit denen sich dieses Papier beschäftigt. Es...

The buildings sector accounts for about 40% of final energy consumption in Germany, and by far the largest part of this is due to old buildings. In total, more than 80% of the final energy consumed in households is used for space heating and hot water (Federal Statistical Office 2010)....