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Survey measures of the reservation wage reflect both the consumption-leisure trade-off and job search concerns (the arrival rate of job offers and the wage distribution). We examine what a survey measure of the reservation wage reveals about labor supply when search concerns are absent. To this...
Persistent link: https://www.econbiz.de/10012226766
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 …
Persistent link: https://www.econbiz.de/10014336387
Shortage of nurses is a problem in several countries. It is an unsettled question whether increasing wages constitute a …,638 individuals over 6 years totalling 69,122 observations. The estimated wage elasticity after controlling for individual …
Persistent link: https://www.econbiz.de/10011539026
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. …
Persistent link: https://www.econbiz.de/10014247564
retirement age. Wage increases have a modest impact on labor supply. The overall elasticity for nurses is close to zero (like for …
Persistent link: https://www.econbiz.de/10010436536
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/10012438474
normality. For the bottom earners, large income changes are driven equally by hours and wages which is consistent with …
Persistent link: https://www.econbiz.de/10012534545
provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich … extensive margins significantly increases the (absolute value of the) unconditional own-wage labor demand elasticity. This is … not only true for the average worker, but also for different skill groups. For the median firm, the elasticity is three …
Persistent link: https://www.econbiz.de/10010250050
Members of parliament (MPs) often decide on their own salaries. Voters dislike self-serving politicians, and politicians are keen to gratify their voters. In line with the political business cycle theories, politicians thus may well delay deciding on increases in salaries until after elections....
Persistent link: https://www.econbiz.de/10011517956
study the effect of naturalization on labor market outcomes of immigrants in Germany. We apply recent survey data and … exploit a reform of naturalization rules in an instrumental variable estimation. In our sample of recent immigrants, linear …
Persistent link: https://www.econbiz.de/10011898989