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History dependence in wages and cyclical selection : evidence from Germany
Bauer, Anja; Lochner, Benjamin - 2016
Using administrative data from Germany, this paper analyzes the relation between wages and past and current labor market conditions. Specifically, it explores whether the data is more consistent with implicit contract models (Beaudry/DiNardo, 1991) or a matching model with on-the-job search and...
Persistent link: https://www.econbiz.de/10011544266
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Are real entry wages rigid over the business cycle? : empirical evidence for Germany from 1977 to 2009
Stüber, Heiko - 2012
analysis is undertaken for the 1977 to 2009 period using administrative longitudinal matched employer-employee wage data. I … firm-jobs by about 1.27 percent. In light of the magnitude of the entry-wage cyclicality it seems that introducing wage … unemployment. -- real wage cyclicality ; entry wages ; search and matching model …
Persistent link: https://www.econbiz.de/10009529619
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Occupational upgrading and the business cycle in West Germany
Büttner, Thomas; Jacobebbinghaus, Peter; Ludsteck, Johannes - 2009
cycle adjustment ; occupational upgrading ; wage structure ; wage setting ; overqualification …
Persistent link: https://www.econbiz.de/10003874228
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Does downward nominal wage rigidity dampen wage increases?
Stüber, Heiko; Beissinger, Thomas - 2010
starkes Argument gegen die Zielsetzung niedriger Inflationsraten liefert. -- Downward Nominal Wage Rigidity ; Wage Stickiness … ; Wage Compression ; Unconditional Quantile Regression …Focusing on the compression of wage cuts, many empirical studies find a high degree of downward nominal wage rigidity …
Persistent link: https://www.econbiz.de/10008669641
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Counteracting unemployment in crises : non-linear effects of short-time work policy
Gehrke, Britta; Hochmuth, Brigitte - 2017
Short-time work is a labor market policy that subsidizes working time reductions among firms in financial difficulty in order to prevent layoffs and stabilize employment. Many OECD countries have used this policy in the Great Recession, for example. This paper shows that the effects of...
Persistent link: https://www.econbiz.de/10011718992
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Earnings Dynamics in Germany
Pessoa, Ana Sofia - 2021
transitions between labor status or jobs, whereas for those at the top, earnings changes are mainly induced by wage rate growth …
Persistent link: https://www.econbiz.de/10013224084
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Cyclical Income Risk in Great Britain
Angelopoulos, Konstantinos - 2019
This paper establishes new evidence on the cyclical behaviour of household income risk in Great Britain and assesses the role of social insurance policy in mitigating against this risk. We address these issues using the British Household Panel Survey (1991-2008) by decomposing stochastic...
Persistent link: https://www.econbiz.de/10012872060
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The German labor market in the Great Recession : shocks and institutions
Gehrke, Britta; Lechthaler, Wolfgang; Merkl, Christian - 2017
This paper analyzes Germany's unusual labor market experience during the Great Recession. We estimate a general equilibrium model with a detailed labor market block for postunification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10011638405
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From deregulation to re-regulation : trend reversal in German labour market institutions and its possible implications
Walwei, Ulrich - 2015
an increase in low-wage employment. Two closely interrelated questions arise: What role did deregulation play with …
Persistent link: https://www.econbiz.de/10010490788
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Inequality and Income Dynamics in Germany
Drechsel-Grau, Moritz; Peichl, Andreas; Schmieder, … - 2022
We provide a comprehensive analysis of income inequality and income dynamics for Germany over the last two decades. Combining personal income tax and social security data allows us — for the first time — to offer a complete picture of the distribution of annual earnings in Germany. We find...
Persistent link: https://www.econbiz.de/10013298363