Showing 1 - 10 of 484
Formulierung von Inflationszielen Berücksichtigung finden. Are Nominal Wages Rigid? Recent Evidence and Policy Implications In the … presence of downwardly rigid nominal wages, low inflation may lead to higher equilibrium unemployment by hindering real wage … adjustments. This paper surveys and analyses the growing evidence on downwardly rigid nominal wages. We deal not only with …
Persistent link: https://www.econbiz.de/10005566472
temp wage gap and post-temp earnings in Germany. Using a two-stage selection-corrected method in a panel data framework, we …
Persistent link: https://www.econbiz.de/10009150629
Using linked employer-employee data, this paper estimates the effect of collective bargaining coverage on wages over an … robustness checks. Joining a sectoral agreement is found always to produce higher wages, while exiting a sectoral agreement no …
Persistent link: https://www.econbiz.de/10010786981
18 studies using data from 20 highly developed, developing, and less developed countries document that average wages in … trade. This paper uses a large and rich set of linked employer-employee data from Germany to demonstrate that these premia …
Persistent link: https://www.econbiz.de/10005763791
-scale linked employer-employee data set for western Germany, this paper provides a first test of the relevance of different … wages with respect to unemployment postulated by Blanchflower and Oswald. In this regime, we also find that works councils … dampen the adjustment of wages to the regional unemployment situation. In the other regimes of plants that either do not make …
Persistent link: https://www.econbiz.de/10008578120
Using a representative establishment data set for Germany, we show that more than 40 percent of plants covered by … collective agreements pay wages above the level stipulated in the agreement, which gives rise to a wage cushion between the … levels of actual and contractual wages. Cross-sectional and fixed-effects estimations for the period 2001-2006 indicate that …
Persistent link: https://www.econbiz.de/10005039648
hypothesis is contrasted with Rosen’s theory of equalising differences where security and wages are substitutes. The empirical … insecurity and wages significantly negative level effects are found for Germany with some evidence for those in the UK. There is …This paper looks at the wage effects of perceived and objective insecurity in Germany and the UK using the GSOEP and …
Persistent link: https://www.econbiz.de/10005700918
While it is a stylized fact that exporting firms pay higher wages than non-exporting firms, the direction of the link … between exporting and wages is less clear. Using a rich set of German linked employer-employee panel data we follow over time … export, and that it does not increase in the following years. Higher wages in exporting firms are thus due to self …
Persistent link: https://www.econbiz.de/10005703236
stability of educational wage premia was justified by market forces. However, relative wages did not respond to negative net …
Persistent link: https://www.econbiz.de/10005703602
We reconsider the central role of the natural rate of unemployment (NRU) in forming policy decisions. We show that the unemployment rate does not gravitate towards the NRU due to frictional growth, a phenomenon that encapsulates the interplay between lagged adjustment processes and growth in...
Persistent link: https://www.econbiz.de/10005822576