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. …

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 …

We investigate the wage assimilation of East Germans who migrated to West Germany after reunification (1990-1999). We … to West Germany who arrived at the same time. The analysis uses administrative as well as survey data. The results … suggest that East Germans faced significant initial earnings disadvantages in West Germany, even conditional on age and …

At the turn of the millennium three frequently cited potential causes of new challenges for wage p olicy in Germany are … development of wages and employment across skill groups, there is considerable disagreement to explain these trends, in particular …

We extract estimation results on the Mincer earnings function from four earlier studies and add new results from a …

for a one-standard-deviation increase in ICT skills in the international analysis and are almost twice as large in Germany …

paper, therefore, we illustrate the estimation challenges when migrations are temporary. As in an overwhelming share of the … problem becomes inherently dynamic and requires a more structural approach to estimation, which we briefly discuss. …