Germany when a unit of earnings from Germany allows for larger consumption at home settle for lower entry wages, but …We relate origin-destination real price differences to immigrants' reservation wages and their career trajectories …, exploiting administrative data from Germany and the 2004 enlargement of the European Union. We find that immigrants who enter …

expectations and wages, and a significantly positive relationship between optimistic bias in job finding expectations and … search and matching model of the labor market. Removing the biases could substantially increase wages and expected lifetime … income in East Germany. The bias difference in labor market expectations explains part of the East-West German wage gap. …

support can be mustered without hurting equity too much. We also investigate the effects of Germany meeting its legal target …

normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …

In this paper, we study the development and underlying drivers of skill premiums in Germany between 1980 and 2008. We … imply an elasticity of substitution between young and old workers of about 8, between medium- and low-skilled workers of 4 …

duration dependence in the exit rates to employment and potential depreciation in reemployment wages. We show that the main …