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When should central banks fear inflation expectations?
Gobbi, Lucio; Mazzocchi, Ronny; Tamborini, Roberto - 2024
updated according to the actual inflation process, with indexed wages, and persistent inflation shocks. In these cases, a more …
Persistent link: https://www.econbiz.de/10014478734
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Wage setting in times of high and low inflation
Gödl, Maximilian; Gödl-Hanisch, Isabel - 2024
The recent surge in inflation led many unions and firms to alter their bargaining and wage-setting policies. Using novel German firm-level survey data, we document the extent of state dependence in wage setting across firms and workers during periods of high and low inflation. We find state...
Persistent link: https://www.econbiz.de/10015057673
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Wage determination in the shadow of the law : the case of works councilors in Germany
Goerke, Laszlo; Pannenberg, Markus - 2021
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
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Earnings dynamics in Germany
Pessoa, Ana Sofia - 2021
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
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Biased expectations and labor market outcomes : evidence from German survey data and implications for the East-West wage gap
Balleer, Almut; Duernecker, Georg; Forstner, Susanne; … - 2023
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
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"The double dividend of Training" : labor market effects of work-related continuous education in Switzerland
Denzler, Stefan; Ruhose, Jens; Wolter, Stefan C. - 2022
This paper presents the first longitudinal estimates of the effect of work-related training on labor market outcomes in Switzerland. Using a novel dataset that links official census data on adult education to longitudinal register data on labor market outcomes, we apply a regression-adjusted...
Persistent link: https://www.econbiz.de/10013413337
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Exporting and labor demand : micro-level evidence from Germany
Lichter, Andreas; Peichl, Andreas; Sieglich, Sebastian - 2014
It is widely believed that globalization affects the extent of employment and wage responses to economic shocks. To provide evidence for this, we analyze the effect of firms' exporting behavior on the elasticity of labor demand. Using rich, German administrative linked employer-employee panel...
Persistent link: https://www.econbiz.de/10010250050
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Electoral cycles in MPs' salaries : evidence from the German States
Kauder, Björn; Krause, Manuela; Potrafke, Niklas - 2016
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
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Naturalization and labor market performance of immigrants in Germany
Riphahn, Regina T.; Saif, Salwan - 2018
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
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The integration of migrants in the German labor market : evidence over 50 years
Berbée, Paul; Stuhler, Jan - 2023
Germany has become the second-most important destination for migrants worldwide. Using all waves from the microcensus …
Persistent link: https://www.econbiz.de/10014364702