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performance elasticities are contrary to predictions of agency theory. Both results provide further support to the common belief …
Persistent link: https://www.econbiz.de/10009578030
The theory of career mobility (Sicherman and Galor 1990) claims that wage penalties for overeducated workers are … compensated by better promotion prospects. Sicherman (1991) was able to confirm this theory in an empirical study. However, the …
Persistent link: https://www.econbiz.de/10009616783
-tier labour market for temporary employment in Germany. -- mobility ; unemployment ; Fixed-term contracts ; dynamic wages …Amid lively debate on the consequences of temporary employment, the paper examines the wages and transitions of … same employer. For some temporary employment leads to unemployment, particularly those with low human capital. Positioning …
Persistent link: https://www.econbiz.de/10009627289
jobs in rough times separate analyses are carried out those who have entered the job directly from unemployment or non …
Persistent link: https://www.econbiz.de/10009580458
, Nash-bargained wages, payroll taxation, and differential support for unemployed labor in search and leisure are central …
Persistent link: https://www.econbiz.de/10009580466
In this paper we analyze the sources of German unemployment within a structural vector error correction model (SVECM … parameter restrictions. A cointegration analysis for the unified Germany reveals a long rum relationship between real wages …, productivity and unemployment which is interpreted as a wage setting relation. From a Subset VECM we identify meaningful structural …
Persistent link: https://www.econbiz.de/10009613616
, Nash{bargained wages, payroll taxation, and differential support for unemployed labor in search and leisure are central …
Persistent link: https://www.econbiz.de/10009614292
Persistent link: https://www.econbiz.de/10001917007
When people decide about saving and consumption across the various periods of their life time they take into account their life expectancy when comparing present and future needs and resources for satisfying them. The experimental design, applied at two sites (Humboldt-University at Berlin and...
Persistent link: https://www.econbiz.de/10009578010
Persistent link: https://www.econbiz.de/10009578563