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which changes in the industrial wage structure may have for employment. With regard to the flexibility of wages across … impact of a flexible industry wage structure on employment, we evaluate the circumstances under which flexible wages among … industries may be employment enhancing, and the set of circumstances under which flexible wages are likely to be employment …
Persistent link: https://www.econbiz.de/10012477478
This paper seeks to explain the greater hours worked by Americans compared to Germans in terms of forward-looking labor supply responses to differences in earnings inequality between the countries. We argue that workers choose current hours of work to gain promotions and advance in the...
Persistent link: https://www.econbiz.de/10012470681
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