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Persistent link: https://www.econbiz.de/10010283773
In the 1990s overtime incidence in Great Britain and West Germany is quite similar, while the average amount of hours … of overtime for full-time male workers with overtime in Great Britain is roughly twice those in Germany for all years. We … time. In Germany, we observe a remarkable decrease in the share of workers who work paid overtime and a significant …
Persistent link: https://www.econbiz.de/10010260756
The German law on co-determination at the plant level (Betriebsverfassungsgesetz) stipulates that works councilors are neither to be financially rewarded nor penalized for their activities. This regulation contrasts with publicized instances of excessive payments. The divergence has sparked a...
Persistent link: https://www.econbiz.de/10013243109
This paper explores the relationship between risk attitude and asset diversification in household portfolios. We first examine the impact of manifested risk aversion on the total number of distinct assets held in a portfolio (naive diversification). The second part of the paper focuses on a more...
Persistent link: https://www.econbiz.de/10010291769
Using micro-level panel data of about 35,000 firms from the German Cost Structure Census, we analyze the differences of technical efficiency across industries. Technical efficiency is estimated by firms? fixed effects. One striking result is that the distribution of technical efficiency across...
Persistent link: https://www.econbiz.de/10010324228
In an open-shop model of trade union membership with heterogeneity in risk attitudes, a worker's relative risk aversion can affect the decision to join a trade union. Furthermore, a shift in risk attitudes can alter collective bargaining outcomes. Using German panel data (GSOEP) and three novel...
Persistent link: https://www.econbiz.de/10010264999
on panel data for West Germany indicate that the legal change did have a negative effect on severance pay. …
Persistent link: https://www.econbiz.de/10010270459
search behavior using a novel panel data set of newly-unemployed individuals in Germany. Consistent with our theoretical …
Persistent link: https://www.econbiz.de/10010272036
In Germany, there is no trade union membership wage premium, while the membership fee amounts to 1% of the gross wage … evidence for a private gain from trade union membership which has hitherto not been documented: in West Germany, union members …
Persistent link: https://www.econbiz.de/10010274767
Insufficient capital buffers of banks have been identified as one main cause for the large systemic effects of the recent financial crisis. Although higher capital is no panacea, it yet features prominently in proposals for regulatory reform. But how do increased capital requirements affect...
Persistent link: https://www.econbiz.de/10010283577