Showing 1 - 10 of 259
This paper studies the relationship between employment and wage structures in West Germany based on the IAB employment … as important dimensions of heterogeneity. After having identified cohort effects in skill wage premia and in the … simulate the magnitude of wage changes within the respective skill groups that would have been necessary to halve skill …
Persistent link: https://www.econbiz.de/10012773848
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
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
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 post-unification Germany. This allows us to disentangle the role of institutions (short-time work, government spending rules)...
Persistent link: https://www.econbiz.de/10012909849
In the Great Recession most OECD countries used short-time work (publicly subsidized working time reductions) to counteract a steep increase in unemployment. We show that short-time work can actually save jobs. However, there is an important distinction to be made: While the rule-based component...
Persistent link: https://www.econbiz.de/10013079433
Since there is scant evidence on the role of industrial relations in wage cyclicality, this paper analyzes the effect … of collective wage contracts and of works councils on real wage growth. Using linked employer-employee data for western … Germany, we find that works councils affect wage growth only in combination with collective bargaining. Wage adjustments to …
Persistent link: https://www.econbiz.de/10013137244
temp wage gap and post-temp earnings in Germany. Using a two-stage selection-corrected method in a panel data framework, we … show that the wage gap for temps with low treatment intensity is high but decreases with exposure to the sector. It seems … to accept a sizeable wage disadvantage at first, indicating that temporary agency employment might stigmatise workers …
Persistent link: https://www.econbiz.de/10013122671
The paper examines real and nominal wage rigidities. We estimate a switching regime model, in which the observed … distribution of individual wage changes, computed from West German register data for 1976-1997, is generated by simultaneous … processes of real, nominal or no wage rigidity, and measurement error. The fraction of workers facing wage increases that are …
Persistent link: https://www.econbiz.de/10013319593
Why has the college wage premium risen rapidly in the United States since the 1980s, but not in European economies such …
Persistent link: https://www.econbiz.de/10012831975
We study workers' idiosyncratic earnings risk over the life-cycle using a German administrative data set. Positive and negative earnings shocks both contain a highly persistent component. The variance and average size of positive persistent shocks is decreasing over the life-cycle. The...
Persistent link: https://www.econbiz.de/10012948657