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Job stability trends, layoffs and quits : an empirical analysis for West Germany
Bergemann, Annette; Mertens, Antje - 2000
This paper studies signs and reasons of decline of job stability in West Germany. Using data from the German Socio-Economic Panel 1984-1997, we look at two measures for job stability. Based on repeated cross sectional data we first show that medium elapsed tenure declined for men. Secondly, we...
Persistent link: https://www.econbiz.de/10009618363
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Training systems and labor mobility : a comparison between Germany and Sweden
Korpi, Tomas; Mertens, Antje - 2002
The impact of general and specific training on income and mobility is an important issue for the discussion around human capital as well as the design of educational systems. Using data from two retrospective life-history surveys this paper examines the impact of more general school-based...
Persistent link: https://www.econbiz.de/10009621425
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Job stability trends and labor market (re-)entry in West Germany 1984 - 1997
Mertens, Antje - 1999
This paper investigates whether job stability in western Germany shows any signs of decline and compares the findings to evidence for the US and the UK. Cross sectional data and calendar information from the German Socioeconomic Panel 1984-1997 are combined allowing to check possible influences...
Persistent link: https://www.econbiz.de/10009580458
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Estimating wage losses of displaced workers in Germany
Burda, Michael C.; Mertens, Antje - 1999
This paper investigates the effect of displacement on reemployment wages of socially insured West German workers who … imputed using a probit estimated on the German Socioeconomic Panel (GSOEP). Average wages of those classified as displaced … recalls, and to the probit specification used, and are confirmed in the smaller GSOEP file. -- displaced workers ; wages …
Persistent link: https://www.econbiz.de/10009580479
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On the job search and the wage distribution
Christensen, Bent Jesper; Mortensen, Dale; Neumann, … - 2000
dispersion across employers exists in the sense that different employers offer different wages to the same worker, the theory …
Persistent link: https://www.econbiz.de/10009612015
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Corporate restructuring, downsizing and managerial compensation
Graßhoff, Ulrike; Schwalbach, Joachim - 1997
There is common consensus that managerial compensation is strongly tied to firm size and much less so to financial performance. One suspects that observed restructuring and downsizing in corporations in recent years may have an effect on these results. Based on multi-task theoretical...
Persistent link: https://www.econbiz.de/10009578030
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Overeducation, undereducation, and the theory of career mobility
Büchel, Felix; Mertens, Antje - 2001
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 controls for the opposing phenomenon of undereducation...
Persistent link: https://www.econbiz.de/10009616783
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Empirical modeling of the DEM/USD and DEM/JPY foreign exchange rate: Structural shifts in GARCH-models and their implications
Herwartz, Helmut; Reimers, Hans-Eggert - 2001
We analyze daily changes of two log foreign exchange (FX) rates involving the Deutsche Mark (DEM) for the period 1975 - 1998, namely FX-rates measured against the US dollar (USD) and the Japanese yen (JPY). Ta account for volatility e1ustering we fit a GARCH(l,l)-model with leptokurtic...
Persistent link: https://www.econbiz.de/10009616784
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Multivariate volatility models
Fengler, Matthias R.; Herwartz, Helmut - 2001
Multivariate Volatility Models belong to the class of nonlinear models for financial data. Here we want to focus on multivariate GARCH models. These models assume that the variance of the innovation distribution follows a time dependent process conditional on information which is generated by...
Persistent link: https://www.econbiz.de/10009615423
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Fractional integration and the dynamics of UK unemployment
Gil-Alaña, Luis A.; Henry, S. G. B. - 2000
This article is concerned with the dynamic behaviour of UK unemployment. However, instead of using traditional approaches based on I(0) stationary or I(1) (integrated and/or cointegrated) models, we use the fractional integration framework. In doing so, we allow for a more careful study of the...
Persistent link: https://www.econbiz.de/10009582384