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The Prospects of Capital Markets in Central and Eastern Europe

Schröder, Michael; Köke, Jens - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2002

The picture of the securities exchanges and financial sectors in CEE countries is still relatively unfavorable. The CEE securities exchanges – with the only exception of the Warsaw Stock Exchange – are, in comparison with their western counterparts, underdeveloped and less important for the...

Persistent link: https://www.econbiz.de/10005097843

The unification bonus (malus) in postwall Eastern Germany

Beblo, Miriam; Collier, Irwin L.; Knaus, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2001

This paper presents estimates of the unification bonus for East Germans over the period 1991 to 1998. The unification bonus is defined as the discounted value of the difference between a person?s actual income and his or her counterfactual real income stream forecast for a hypothetical...

Persistent link: https://www.econbiz.de/10005098030

How acid are lemons? Adverse selection and signalling for skilled labour market entrants

Wagner, Robert; Zwick, Thomas - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2012

This paper jointly analyses the consequences of adverse selection and signalling on entry wages of skilled employees. It uses German linked employer employee panel data (LIAB) and introduces a measure for relative productivity of skilled job applicants based on apprenticeship wages. It shows...

Persistent link: https://www.econbiz.de/10010957705

Fixing the leak: unemployment incidence before and after the 2006 reform of unemployment benefits in Germany

Dlugosz, Stephan; Stephan, Gesine; Wilke, Ralf A. - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

From 2002-2004, the German government passed several laws that curtailed the generosity of the unemployment … compensation system. One of the most ambitious changes was a considerable reduction in unemployment benefit entitlement lengths for … highly disputed reform induced a considerable decline in unemployment incidence among older workers. It thus sealed an …

Persistent link: https://www.econbiz.de/10008474668

Individual and Plant-level Determinants of Job Durations in Germany

Boockmann, Bernhard; Steffes, Susanne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2005

We examine job durations of German workers using a linked employeremployee dataset. The descriptive evidence suggests that firm characteristics have a substantial influence on the job exit rate. However, the extent of dispersion in durations is not substantially lower at the firm level than for...

Persistent link: https://www.econbiz.de/10005097495

Job and Worker Reallocation in German Establishments: The Role of Employers? Wage Policies and Labour Market Institutions

Guertzgen, Nicole - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

Using a large linked employer-employee data set, this paper studies the relationship between job reallocation, worker reallocation and the flexibility of wages in western German manufacturing. Using the plant-specific residual wage dispersion as a proxy for wage flexibility, we find that more...

Persistent link: https://www.econbiz.de/10005097630

What drives the vacancy rate for information technology workers?

Falk, Martin - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2001

This paper provides empirical evidence on both the magnitude and determinants of unfilled positions for information technology workers using cross-sectional data on 4150 German firms. Vacancies are defined as unfilled positions excluding those created by replacement needs during the first half...

Persistent link: https://www.econbiz.de/10005097687

Employment Adjustments on the Internal and External Labour Market: An Empirical Study with Personnel Records of a German Company

Gerlach, Knut; Hübler, Olaf - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2008

Firms are affected by the product demand. This leads to employment adjustments. In the literature we find only very few contributions investigating the issue whether internal adjustments are linked and which relationships exist with external adjustments. Are they of a complementary or...

Persistent link: https://www.econbiz.de/10005097760

Seniority and Job Stability: A Quantile Regression Approach Using Matched Employer-Employee Data

Boockmann, Bernhard; Steffes, Susanne - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2007

Job mobility and employment durations can be explained by different theoretical approaches, such as job matching or human capital theory or dual labor market approaches. These models may, however, apply to different degrees at different durations in the employment spell. Standard empirical...

Persistent link: https://www.econbiz.de/10005097777

Occupational and locational substitution: measuring the effect of occupational and regional mobility

Aldashev, Alisher - Zentrum für Europäische Wirtschaftsforschung (ZEW) - 2009

The paper analyzes effects of occupational and regional mobility on the matching rate using the monthly panel disaggregated on regional and occupational level. The main contribution of the paper is measuring the effect of substitutability between vacancies for different occupations and vacancies...

Persistent link: https://www.econbiz.de/10005097969