We estimate wage and job tenure functions that include individual and firm effects capturingtime-invariant unobserved worker and firm heterogeneity using German linked employeremployeedata (LIAB data set)...

Using data from the German Socio-Economic Panel (GSOEP) we study whether being individually affected by downward wage rigidity has an effect on layoffs, quits and intra-firm mobility. Within a structural empirical model we estimate the individual extent of wage rigidity. This is expressed by the...