Schnabel, Claus; Kohaut, Susanne; Brixy, Udo - Wirtschafts- und Sozialwissenschaftliche Fakultät, … - 2004
and other establishments from 1997 to 2001. While theory provides alternative explanations for higher or lower wages in … newly founded firms, we show empirically that start-ups tend to pay lower wages, ceteris paribus. On average, wages in newly …