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The Economic Returns to Graduating with Honors - Evidence from Law Graduates

Schumann, Mathias; Freier, Ronny; Siedler, Thomas - Verein für Socialpolitik - VfS - 2014

This paper studies the causal effects of graduating from university with an honors degree on subsequent labor market outcomes. While a rich body of literature has focused on estimating returns to human capital, few studies have analyzed returns at the very top of the education distribution. We...

Persistent link: https://www.econbiz.de/10011163891

Monopsony competition and the minimum wage: Evidence from Germany

Bachmann, Ronald; Frings, Hanna - Verein für Socialpolitik - VfS - 2014

This paper investigates the degree of monoposony power of German employers in different industries, using a semi-structural approach based on a dynamic model of monopsonistic competition. The empirical analysis is based on a linked employer-employee data set which allows us to control for...

Persistent link: https://www.econbiz.de/10011212429

Local Employer Competition and Training of Workers

Rzepka, Sylvi; Tamm, Marcus - Verein für Socialpolitik - VfS - 2014

The new training literature suggests that in a monopsonistic market employers will not only pay for firm-specific training but also for general training if the risk of poaching is limited. This implies that training participation should decrease when competition for employees is higher among...

Persistent link: https://www.econbiz.de/10011163955

The cyclical behaviour of employers' monopsony power and workers' wages

Jahn, Elke; Hirsch, Boris; Schnabel, Claus - Verein für Socialpolitik - VfS - 2014

This paper investigates the behaviour of employers' monopsony power and workers' wages over the business cycle. Using … unemployment rate. In line with theory, we find that firms possess more monopsony power during economic downturns, which shows to … workers' entry wages are of similar magnitude as those predicted under monopsonistic wage setting, suggesting that monopsony …

Persistent link: https://www.econbiz.de/10011164083

Is there monopsonistic discrimination against immigrants? First evidence from linked employer employee data

Jahn, Elke; Hirsch, Boris - Verein für Socialpolitik - VfS - 2012

dynamic monopsony framework. Applying duration models to a large administrative employer employee data set for Germany, we …

Persistent link: https://www.econbiz.de/10010955221

Entrepreneurship versus Joblessness - Explaining the Rise in Self-Employment

Haywood, Luke; Falco, Paolo - Verein für Socialpolitik - VfS - 2013

The self-employed constitute a large proportion of the workforce in developing countries and the sector has been found to be growing further. Different accounts exist as to the cause of this development, with pull factors such as high returns to capital and increased wealth contrasted with push...

Persistent link: https://www.econbiz.de/10010958013

The Effects of Minimum Wages in the German Construction Sector - Reconsidering the Evidence

Möller, Joachim; König, Marion - Verein für Socialpolitik - VfS - 2012

relevance of market imperfections like the existence of monopsony power in the market. …

Persistent link: https://www.econbiz.de/10010982141

Job Matching on non-separated Occupational Labour Markets

Stops, Michael - Verein für Socialpolitik - VfS - 2011

This work refers to analyses of matching processes on occupational labour markets in Germany. Up to now, all studies in this field are based on the crucial assumption of separate occupational labour markets. I outlined some theoretical considerations that occupational markets are probably not...

Persistent link: https://www.econbiz.de/10010984926

The Impact of Managerial Change on Performance. The Role of Team Heterogeneity

Mühlheußer, Gerd; Sliwka, Dirk; Hentschel, Sandra - Verein für Socialpolitik - VfS - 2013

When a key responsibility of a manager is to allocate more or less attractive tasks to subordinates, these subordinates have an incentive to work hard and demonstrate their talents. As a new manager is less well acquainted with these talents this incentive mechanism is reinvigorated after a...

Persistent link: https://www.econbiz.de/10010986069

Coworkers, Networks, and Job Search Outcomes

Weber, Andrea; Saygin, Peri; Weynandt, Michele - Verein für Socialpolitik - VfS - 2014

Social networks are an important channel of information transmission in the labor market. In this paper investigate how displaced workers searching for new jobs benefit from information provided by their former coworkers. In line with the theoretical and empirical literature we find that the...

Persistent link: https://www.econbiz.de/10011164122